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:
- Property Type: Warehouse
- Transaction Amount: $10,250,000
- Address: 286 Northeast 67th Street
- Market: Little River
- Square Footage: 32,000
- Price per Square Foot: $320
- Buyer: Doug Levine
- Seller: Steven Shetchman
- Brokers: Alfredo Riascos & Mateo Romero - Gridline Properties
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
Miami Warehouse Market Snapshot
Boundary boundary · Warehouse · Sale transactions
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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