SOLDRetail
Maximo Alvarez Purchases Retail Property From Felix Marquez In Miami For $5.4 Million
13701 Southwest 26th Street
$5,400,000
$973/SF
Building Size
5,547 SF
Asset Type
Retail
Closing
Mar 24, 2026
About this deal
AI
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.
On the Map
$5,400,000
$973/SF
Retail
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Players
Miramar 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
2.94%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93