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5605 Southwest 74th Street

Andres Navarro & Salvador Sanchis Of Harbour Residential Realty Represent Buyer In $5.25M Retail Sale
SOLDRetail

Andres Navarro & Salvador Sanchis Of Harbour Residential Realty Represent Buyer In $5.25M Retail Sale

5605 Southwest 74th Street

$5,250,000

$939/SF

Building Size

5,588 SF

Asset Type

Retail

Closing

Jul 14, 2026

AI

This transaction involved a retail property located at 5605 Southwest 74th Street in Miami. The asset was sold for $5,250,000 and has a total area of 5,588 square feet, resulting in a price per square foot of $939.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $5,250,000
  • Square Footage: 5,588
  • Price per Square Foot: $939
  • Address: 5605 Southwest 74th Street, Miami

Andres Navarro and Salvador Sanchis from Harbour Residential Realty represented the buyers, while Joseph H. Weston from Maddux & Company represented the sellers. Note from the buyer's representative indicates the involvement of a fully occupied, four-tenant retail building situated in a vibrant area known for its dining, shopping, and wellness options.

Players

Joseph H. Weston

Maddux and Company

Broker

$54.8M

vol

6 deals

Broker

Miami Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.02%

Cash-on-Cash

-0.86%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93