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.
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