John Nakis Sells Retail Property At 3700 Northwest 42nd Avenue Miami Springs For $2.6M

The asset involved in this transaction is a retail property located at 3700 Northwest 42nd Avenue in the Miami Springs market. It was sold for a price of $2,600,000, encompassing a total square footage of 3,316. The price per square foot for the transaction amounts to $784.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,600,000
• Square Footage: 3,316
• Price per Square Foot: $784
• Seller: John Nakis
• Brokers: Rayza Perez & George Belesis - DWNTWN Realty Advisors
• Date of Transaction: 03/25/2025

This transaction was facilitated by the brokerage team of Rayza Perez and George Belesis, representing the seller John Nakis. Their involvement highlights the professional support behind the successful completion of the retail property sale.