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Mike Mallory Acquires Development Site In Little Havana For $2.5M

867 Southwest 1st Street
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This Development Site property located in FL was sold for $2,500,000 almost 2 years ago. The brokers of the deal were Giovanni Bertolotti, Alessandro Lima, Carlos Fausto Miranda, and Mauricio Villasuso

A development site located at 867 SW 1st St in the Little Havana market has been sold for a price of $2,500,000. The site has a building square footage (BSF) of 101,542, resulting in a price per BSF of $25. The total area of the site is 15,866 square feet, which translates to a price per square foot (PPSF) of $158.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $2,500,000
  • BSF: 101,542
  • PPBSF: $25
  • SF: 15,866
  • PPSF: $158
  • Date: 05/25/2022
  • Address: 867 SW 1st St
  • Market: Little Havana

The buyer of the property was Mike Mallory, while the seller was Maurice Egozi. Giovanni Bertolotti, representing Fausto Commercial, served as the buyer's representative. Alessandro Lima, Carlos Fausto Miranda, and Mauricio Villasuso, also from Fausto Commercial, acted as the seller's representatives in the transaction.

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Deals
  • Location
    867 Southwest 1st Street, Miami, Florida 33130, United States867 Southwest 1st Street, Miami, Florida 33130, United States
  • Sale Price
    $2,500,000$2,500,000
    $157 PPSF$157 PPSF
  • Area
    15,866 SF15,866 SF
  • Asset Type
    Development SiteDevelopment Site
  • Parties
    4 Brokers, 1 Agency4 Brokers, 1 Agency

Agents

Mauricio Villasuso

Mauricio Villasuso

Deals8
Financed$54.6M

Agency

Fausto Commercial Realty Consultants

Fausto Commercial Realty Consultants

Agency
Deals73
Volume$383.9M

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Deal Summary

SALE IMAGE: Giovanni Bertolotti & Alessandro Lima DATE: 05/25/2022 ADDRESS: 867 SW 1st St MARKET: Little Havana ASSET TYPE: Development Site BUYER: Mike Mallory SELLER: Maurice Egozi BUYER'S REP: Giovanni Bertolotti (@MrGioBertolotti) - Fausto Commercial SELLER'S REP: Alessandro Lima (@MoneyBirddd), Carlos Fausto Miranda & Mauricio Villasuso - Fausto Commercial (@FaustoCommercial) SALE PRICE: $2,500,000 BSF: 101,542 ~ PPBSF: $25 SF: 15,866 ~ PPSF: $158

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867 Southwest 1st Street

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