Coulda Beenyou Acquires Retail Asset From Jorge Perez For $2,795,000 In Miami
1166 Southwest 17th Avenue
$2,795,000
$298/SF
Building Size
9,379 SF
Asset Type
Retail
Closing
May 6, 2026
AI
The retail asset located at 1166 Southwest 17th Avenue in Miami has been sold for $2,795,000. The property encompasses a total area of 9,379 square feet, leading to a price per square foot of $298.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,795,000
- Address: 1166 Southwest 17th Avenue
- Market: Miami
- Square Footage: 9,379
- Price Per Square Foot: $298
- Buyer: Coulda Beenyou
- Seller: Jorge Perez
- Brokers: Javier A. Ubeda & Arthur David Porosoff - Porosoff Group - Compass
Javier A. Ubeda and Arthur David Porosoff, representing Porosoff Group at Compass, were the brokers involved in this transaction. They noted that this property is a value-add retail strip in the Shenandoah neighborhood and mentioned the availability of several similar deals.
Players
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
5.68%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93