Leonardo J. Caraballo Esq. Acquires Retail Property In Miami For $1.35M With Alessandro Lima As Buyer's Rep
SOLD
$1,350,000
Florida
See Similar DealsRetail3,274 SF
Sold 03/11/2025
SOLD
Leonardo J. Caraballo Esq. Acquires Retail Property In Miami For $1.35M With Alessandro Lima As Buyer's Rep
1554 West Flagler Street
See Similar DealsRetail3,274 SF
Sold 03/11/2025
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$412
Total Square Footage:3,274 SF
Transaction Type:Sale
The retail asset located at 1554 West Flagler Street in Miami has a sale price of $1,350,000. The property encompasses a total square footage of 3,274 and has a price per square foot of $412.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,350,000
- Address: 1554 West Flagler Street
- Market: Miami
- Square Footage: 3,274
- Price Per Square Foot: $412
- Buyer: Leonardo J. Caraballo, Esq.
- Seller: Mariann Klotz
- Buyer's Representative: Alessandro Lima - Fausto Commercial Realty Consultants
- Seller's Representative: Jesse Cox - Maddux & Co
Leonardo J. Caraballo, Esq. is the buyer in this transaction, while Mariann Klotz serves as the seller. The transaction involved Alessandro Lima representing the buyer and Jesse Cox representing the seller, bringing their expertise from Fausto Commercial Realty Consultants and Maddux & Co, respectively.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$72,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,796.26
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,399.69
Annual Debt Service$76,796.26
Is there something missing? Send suggestions