Updated Dec 20, 2023
Jasmine Carcieri & Barry Brant Acquire Commercial Property In Miami, FL For $16M
20507 Dixie Highway, Miami, Florida 33189, United States
$16,000,000
$109/SF
Building Size
146,658 SF
Asset Type
Commercial
Closing
May 9, 1922
About this deal
AI
The commercial property located at 20507 S Dixie Hwy in Miami, FL has been sold in a transaction dated 05/10/22. The property spans a total area of 146,658 square feet, with a price per square foot of $109. The sale price for this transaction was $16,000,000. The seller of the property was Matthew S. Schroeder.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: $16,000,000
- Property Address: 20507 S Dixie Hwy, Miami, FL
- Market: Miami, FL
- Square Footage: 146,658
- Price per Square Foot: $109
The buyers involved in this transaction were Jasmine Carcieri and Barry Brant. They successfully acquired the commercial property at 20507 S Dixie Hwy. Matthew S. Schroeder represented the seller in this deal.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.99%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93