Maximo Alvarez Purchases Retail Property From Felix Marquez In Miami For $5.4 Million
SOLD
Florida
See Similar DealsRetail5,547 SF
Sold 03/24/2026
SOLD
Maximo Alvarez Purchases Retail Property From Felix Marquez In Miami For $5.4 Million
13701 Southwest 26th Street
See Similar DealsRetail5,547 SF
Sold 03/24/2026
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$973
Total Square Footage:5,547 SF
Transaction Type:Sale
The transaction involves a retail property located at 13701 Southwest 26th Street in Miami. The sale was finalized for a total amount of $5,400,000. The property encompasses 5,547 square feet, resulting in a price per square foot of $973.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,400,000
- Address: 13701 Southwest 26th Street
- Market: Miami
- Square Footage: 5,547
- Price Per Square Foot: $973
- Buyer: Maximo Alvarez
- Seller: Felix Marquez
- Broker: Bobby Berrido & CCIM - Fausto Commercial Realty Consultants
Key individuals involved in the transaction include Maximo Alvarez, acting as the buyer, and Felix Marquez, representing the seller. The transaction was facilitated by broker Bobby Berrido & CCIM from Fausto Commercial Realty Consultants, who played a significant role in the successful completion of this retail property sale.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$288,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$19,185.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$25,598.75
Annual Debt Service$307,185.06
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