Coulda Beenyou Acquires Retail Property At 2224 Southwest 22nd Street For $1.35M
2224 Southwest 22nd Street
$1,350,000
$642/SF
Building Size
2,100 SF
Asset Type
Retail
Closing
Jul 7, 2026
AI
The property asset sold is a retail space located at 2224 Southwest 22nd Street in Miami. The asset measures 2,100 square feet and was sold for $1,350,000, equating to a price per square foot of $642.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,350,000
- Buyer: Coulda Beenyou
- Seller: Concepcion Garcia
- Sale Date: 07/07/2026
- Brokers: Javier A. Ubeda, Alessandro Lima & Arthur David Porosoff - The Porosoff Group - Compass
- SF: 2,100
- PPSF: $642
The brokers, Arthur David Porosoff, Alessandro Lima, and Javier A. Ubeda, achieved this sale after over 50 years of family ownership of the property and after previous unsuccessful listings. This transaction marks the 10th recent sale in Coral Way by The Porosoff Group, highlighting their dominant presence in the market.
Players
Miami Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93