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Colliers Acquires Special Purpose Property In North Miami Beach For $5.25M

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SOLD
$5,250,000
Jon Kotler

Florida

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18,255 SF
Sold 06/13/2022
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Property Image
SOLD

Colliers Acquires Special Purpose Property In North Miami Beach For $5.25M

16150 NE 17th Ave

See Similar Deals
18,255 SF
Sold 06/13/2022
Jon Kotler
Contact now

Summary

FLORIDA
Price Per Square Foot:$287
Total Square Footage:18,255 SF
Transaction Type:Sale

The Pomerantz Family has sold a special purpose property located at 16150 NE 17th Ave in North Miami Beach. The transaction, which took place on 06/13/2022, was facilitated by Jon Kotler from Keller Williams Elite Properties representing the seller and Achikam Yogev from Colliers representing the buyer. The property spans across 18,255 square feet and was sold for a total price of $5,250,000, resulting in a price per square foot of $288.

Summary of transaction details:

  • Property Type: Special Purpose
  • Transaction Amount: $5,250,000
  • Address: 16150 NE 17th Ave
  • Market: North Miami Beach
  • Seller: The Pomerantz Family
  • Buyer's Rep: Achikam Yogev - Colliers
  • Seller's Rep: Jon Kotler - Keller Williams Elite Properties

Note from @Jon.K: In addition to the main property, this transaction also included the sale of 1681-1691 NE 161 ST, two vacant lots totaling 18,150 square feet.

Players

Jon Kotler
15 deals$90M volume
BROKER

Achikam Yogev
Colliers
9 deals$393.9M volume
BROKER

Details

SOLD
IMAGE: Jon Kotler & Achikam Yogev DATE: 06/13/2022 ADDRESS: 16150 NE 17th Ave MARKET: North Miami Beach ASSET TYPE: Special Purpose SELLER: The Pomerantz Family BUYER'S REP: Achikam Yogev (@AchikamYogev) - Colliers (@ColliersInternational) SELLER'S REP: Jon Kotler (@Jon.K) - Keller Williams Elite Properties (@KellerWilliamsRealty) SALE PRICE: $5,250,000 SF: 18,255 ~ PPSF: $288 NOTE FROM @Jon.K: This transaction included the sale of 1681-1691 NE 161 ST, two vacant lots totaling 18,150sf

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Debt Service Coverage Ratio (DSCR)

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