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Warehouse

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Sale

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286 Northeast 67th Street

Updated Sep 9, 2026

Bilt advertisement
Doug Levine Purchases Warehouse In Little River From Steven Shetchman For $10.25M
SOLDWarehouse

Doug Levine Purchases Warehouse In Little River From Steven Shetchman For $10.25M

286 Northeast 67th Street

$10,250,000

$320/SF

Building Size

32,000 SF

Asset Type

Warehouse

Closing

Sep 4, 2026

About this deal

AI

The asset involved in the transaction is a warehouse located at 286 Northeast 67th Street in the Little River market. The sale price of the property was $10,250,000, and it features a total area of 32,000 square feet, equating to a price per square foot of $320.

Summary of transaction details:

Doug Levine acted as the buyer while Steven Shetchman was the seller in this transaction. The brokerage representing the parties involved in the deal included Alfredo Riascos and Mateo Romero from Gridline Properties, facilitating the successful transfer of the asset.

Players

Alfredo Riascos

Gridline Properties

Broker

$380.2M

vol

56 deals

Broker

Doug Levine

Buyer

$114.5M

vol

13 deals

Buyer

Miami Warehouse Market Snapshot

Boundary boundary · Warehouse · Sale transactions

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Deal FAQ

About $320 per square foot on a published $10.3M for 32,000 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.55%

Cash-on-Cash

-0.44%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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