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Sabal Development Acquires Land In Miami For $4.6M With Buyers Rep Mathieu Rochette & Sellers Rep Pascal Nicolai

4040 Kiaora Street
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This Other property located in FL was sold for $4,600,000 about 2 years ago. The broker of the deal was Mathieu Rochette

A land asset located at 4040 Kiaora St in Miami has recently been sold in a closed transaction. The property, with a total square footage of 36,000, was sold by Vidal A. Cadena & Annick Durango. The buyer, Sabal Development represented by Pascal Nicolai, acquired the land for a sales price of $4,600,000.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $4,600,000
  • Address: 4040 Kiaora St
  • Market: Miami
  • Seller: Vidal A. Cadena & Annick Durango
  • Seller's Representative: Mathieu Rochette - Compass
  • Buyer: Sabal Development - Pascal Nicolai
  • Buyer's Representative: Mathieu Rochette - Compass
  • Building Square Footage (BSF): 36,000
  • Price per Building Square Foot (PPBSF): $128

The sale of this land asset was facilitated by Mathieu Rochette from Compass, who represented both the seller and the buyer in the transaction. This successful deal demonstrates the growth and activity in the Miami real estate market.

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Deals
  • Location
    4040 Kiaora Street, Miami, Florida 33133, United States4040 Kiaora Street, Miami, Florida 33133, United States
  • Sale Price
    $4,600,000$4,600,000
    $110 PPSF$110 PPSF
  • Area
    41,582 SF41,582 SF
  • Asset Type
    OtherOther
  • Parties
    1 Broker, 1 Agency1 Broker, 1 Agency

Agent

Mathieu Rochette

Mathieu Rochette

Deals5
Sold$52.7M

Agency

Compass

Compass

Agency
Deals2901
Volume$20.9B

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Deal Summary

SALE IMAGE: Mathieu Rochette & Pascal Nicolai DATE: 02/17/2022 ADDRESS: 4040 Kiaora St MARKET: Miami ASSET TYPE: Land BUYER: Sabal Development - Pascal Nicolai SELLER: Vidal A. Cadena & Annick Durango SELLER'S REP: Mathieu Rochette - Compass SALE PRICE: $4,600,000 BSF: 36,000 ~ PPBSF: $128

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4040 Kiaora Street

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