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Yoram Izhak Purchases Land In North Miami From Ronia Baker & Amira Ogunleye For $1.8M
1747 Northeast 124th Street
$1,800,000
$528/SF
Building Size
3,406 SF
Asset Type
Land
Closing
Aug 17, 2026
About this deal
AI
The asset involved in this transaction is a land parcel located at 1747 Northeast 124th Street in North Miami. The sale price for the property was $1,800,000, with a total lot size of 13,680 square feet, which translates to a price per square foot of $131.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,800,000
- Buyer: Yoram Izhak
- Seller: Ronia Baker & Amira Ogunleye
- Broker: Shelly Poston - Gridline Properties
This transaction involved Shelly Poston from Gridline Properties, a leading brokerage firm in South Florida specializing in investment sale representation and strategic real estate consulting. The brokerage is recognized for its successful portfolio of transactions within Miami's key submarkets.
On the Map
$1,800,000
$528/SF
Land
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Players
North Miami Land Market Snapshot
Boundary boundary · Land · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93