Tabani Group Acquires Retail Building In Miami Beach For $18.4 Million From Robins Companies
330 Lincoln Road
$18,400,000
$848/SF
Building Size
21,675 SF
Asset Type
Retail
Closing
Sep 11, 2026
About this deal
AI
The retail building at 330 Lincoln Road in Miami Beach, FL, was sold for $18,400,000. The asset spans 21,675 square feet, translating to approximately $849 per square foot. The transaction was partly financed through a mortgage from Goldman Sachs.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $18,400,000
- Buyer: Humza Tabani, Hatim Tabani, Muneeb Tabani & Abdul Wasay Tabani - Tabani Group
- Seller: Scott Robins - Robins Companies
- Lender: Goldman Sachs
- Square Footage: 21,675
- Price per Square Foot: $849
Scott Robins, representing Robins Companies, sold the property. The seller's affiliate had acquired the building for $13.6 million in 2024 prior to this transaction. The deal showcases the involvement of the Tabani Group, focusing on retail investments in the Miami Beach market.
On the Map
$18,400,000
$848/SF
Retail
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Players
Miami Beach 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
0.86%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93