Jeff Walker Purchases Land Parcel From Ryan Shear In Miami For $8,000,000
20 Northeast 11th Street
$8,000,000
Building Size
—
Asset Type
Land
Closing
May 29, 2026
AI
Jeff Walker purchased a land parcel located at 20 Northeast 11th Street in Miami. The transaction was valued at $8,000,000, and the property transfer occurred within the Miami market.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $8,000,000
- Buyer: Jeff Walker
- Seller: Ryan Shear
- Closing Date: May 29, 2026
Ryan Shear represented himself in the sale, indicating a direct transaction without a broker involved from the seller's side. Jeff Walker also acted without a broker in this significant multi-million dollar property transfer.
Players
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
1.98%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93