Updated Dec 21, 2023
Janice E. Walker & Gordon A. Findlay Acquire Vacant Commercial Property In Miami, FL For $386.4M
215 South Dixie Highway, Miami, Florida 33133, United States
$386,446,500
Building Size
—
Asset Type
Commercial
Closing
Aug 28, 2022
About this deal
AI
The vacant commercial property located at 215 S Dixie Hwy in Miami, FL has been sold in a recent transaction. The sale took place on August 29, 2022, with Janice E. Walker & Gordon A. Findlay acquiring the property from Brent Reynolds. The transaction price for this property was $386,446,500.
Summary of transaction details
- Property Type: Vacant Commercial
- Transaction Amount: $386,446,500
- Property Address: 215 S Dixie Hwy, Miami, FL
Janice E. Walker & Gordon A. Findlay have purchased this vacant commercial property from Brent Reynolds in Miami, FL. The deal was successfully completed on August 29, 2022. The property has a prime location on S Dixie Hwy and offers great potential for future development or investment opportunities.
Players
Coral Gables Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.04%
Cash-on-Cash
-0.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93