Coulda Beenyou Acquires Retail Asset From Jorge Perez For $2,795,000 In Miami
SOLD
$2,795,000
Florida
See Similar DealsRetail9,379 SF
Sold 05/07/2026
SOLD
Coulda Beenyou Acquires Retail Asset From Jorge Perez For $2,795,000 In Miami
1166 Southwest 17th Avenue
See Similar DealsRetail9,379 SF
Sold 05/07/2026
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$298
Total Square Footage:9,379 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$149,066.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,930.05
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,249.73
Annual Debt Service$158,996.71
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