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Adam Ramer Acquires Retail Property In Miami From Aron & Shelby Rosenberg For $4.5M

3404 North Miami Avenue
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This Retail property located in FL was sold for $4,533,340 over 1 year ago. The brokers of the deal were Scott Sandelin and Jonathan De La Rosa

Located at 3404 N Miami Ave in Miami, this retail property was recently sold in a closed transaction. The property spans 4,900 square feet, with a price per square foot of $925. The sale price for this asset was $4,533,340, resulting in a cap rate of 4.85%.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $4,533,340
  • Market: Miami
  • Address: 3404 N Miami Ave

The buyer of this property was Adam Ramer, while the sellers were Aron & Shelby Rosenberg. Representing the buyer and seller respectively were Scott Sandelin and Jonathan De La Rosa from Marcus & Millichap. The successful transaction was finalized on 06/29/2022.

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Deals
  • Location
    3404 North Miami Avenue, Miami, Florida 33127, United States3404 North Miami Avenue, Miami, Florida 33127, United States
  • Sale Price
    $4,533,340$4,533,340
    $469 PPSF$469 PPSF
  • Area
    9,658 SF9,658 SF
  • Asset Type
    RetailRetail
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Scott Sandelin

Scott Sandelin

Deals22
Sold$247.2M

Agency

Marcus & Millichap

Marcus & Millichap

Agency
Deals7003
Volume$66B

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Deal Summary

SALE IMAGE: Scott Sandelin, Shelby Rosenberg & Jonathan De La Rosa DATE: 06/29/2022 ADDRESS: 3404 N Miami Ave MARKET: Miami ASSET TYPE: Retail BUYER: Adam Ramer SELLER: Aron & Shelby Rosenberg BROKERS: Scott Sandelin & Jonathan De La Rosa (@J_DLR_) - Marcus & Millichap (@MarcusMillichap_Fl) SALE PRICE: $4,533,340 SF: 4,900 ~ PPSF: $925 CAP RATE: 4.85%

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3404 North Miami Avenue

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