Tony Arellano & Devlin Marinoff Of DWNTWN Realty Advisors Facilitate Warehouse Sale For $3.1M In Miami
5110 Northwest 2nd Avenue
$3,100,000
$312/SF
Building Size
9,918 SF
Asset Type
Warehouse
Closing
Jul 16, 2026
About this deal
AI
The property involved in this transaction is a warehouse located at 5110 Northwest 2nd Avenue in the Miami market. The sale price of the warehouse is $3,100,000, with a total square footage of 9,918 and a price per square foot of $312.
Summary of transaction details:
- Property Type: Warehouse
- Transaction Amount: $3,100,000
- Sale Date: 07/16/2026
- Seller's Representative: Tony Arellano & Devlin Marinoff - DWNTWN Realty Advisors
- Buyer's Representative: Americo D'Agostini
This transaction involved the expertise of Tony Arellano and Devlin Marinoff, who represented the seller, while Americo D'Agostini served as the buyer’s representative, facilitating the deal in the Miami market.
On the Map
$3,100,000
$312/SF
Warehouse
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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
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93