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5805 South Congress Avenue

Harvest International Acquires Retail Property From Conrad Baker For $12.35M In Palm Beach County
SOLDRetail

Harvest International Acquires Retail Property From Conrad Baker For $12.35M In Palm Beach County

5805 South Congress Avenue

$12,350,000

$167/SF

Building Size

73,950 SF

Asset Type

Retail

Closing

Aug 12, 2025

AI

The property involved in this transaction is a retail asset located at 5805 South Congress Avenue in Miami. The sale price for the asset was $12,350,000, with a total square footage of 73,950 and a price per square foot of $167.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $12,350,000
  • Buyer: Harvest International
  • Seller: Conrad Baker
  • Broker: Jaclyn Pamela
  • Acquisition Representative: Javonny Vega
  • Market: Miami

Jaclyn Pamela, known for her expertise in off-market transactions, successfully managed both sides of this deal. She is a licensed broker in New York and Florida, reflecting her capability and professionalism throughout the transaction. Recognition is given to Javonny Vega for his contributions in preparing the original list of buyers and sellers, which facilitated this successful connection.

Players

Jaclyn Pamela

Broker

$28.4M

vol

4 deals

Broker

Lake Worth 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

1.28%

Cash-on-Cash

-0.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93