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Equity Trust Company Custodian FBO Mohammad Hajjar IRA Acquires 0.45 Acres In Miami For $1.15M

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SOLD
$1,150,000

Florida

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Land19,400 SF
Sold 02/03/2025
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Property Image
SOLD

Equity Trust Company Custodian FBO Mohammad Hajjar IRA Acquires 0.45 Acres In Miami For $1.15M

26536 South Dixie Highway

See Similar Deals
Land19,400 SF
Sold 02/03/2025
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Summary

FLORIDA
Asset Type:Land
Price Per Square Foot:$59
Total Square Footage:19,400 SF
Transaction Type:Sale

A 0.45-acre commercial land parcel located at 26536 South Dixie Highway in Miami was sold for $1.15 million. The property encompasses a total square footage of 19,400 and was priced at $59 per square foot.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $1,150,000
  • Address: 26536 South Dixie Highway
  • Market: Miami
  • Acres: 0.45
  • Square Footage: 19,400
  • Price Per Square Foot: $59
  • Buyer: Equity Trust Company Custodian FBO Mohammad Hajjar IRA
  • Seller: Barrio Holdings LLC
  • Broker Representation: Bobby Berrido & Miguel Fuentes - Fausto Commercial Realty Consultants

The transaction was facilitated by Miguel Fuentes and Bobby Berrido of Fausto Commercial Realty Consultants, representing both the buyer and seller in this land acquisition deal.

Players

Bobby Berrido, CCIM
22 deals$98.8M volume(786) 260-7507
BROKER

Miguel Fuentes
Fausto Commercial Realty Consultants
4 deals$19.5M volume(305) 915-3492
BROKER

Details

SOLD
IMAGE: Bobby Berrido & Miguel Fuentes DATE: 02/03/2025 ADDRESS: 26536 South Dixie Highway MARKET: Miami ASSET TYPE: Land ~ ACRES: 0.45 BUYER: Equity Trust Company Custodian FBO Mohammad Hajjar IRA SELLER: Barrio Holdings LLC BROKERS: Bobby Berrido (@RealtorBobby) & Miguel Fuentes - Fausto Commercial Realty Consultants (@FaustoCommercial) SALE PRICE: $1,150,000 SF: 19,400 ~ PPSF: $59 NOTE: Mohammad Hajjar acquired a 0.45-acre commercial land parcel in Miami from Barrios Holdings LLC for $1.15 million. Miguel Fuentes and Bobby Berrido of Fausto Commercial brokered the deal.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,085.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,451.59
Annual Debt Service$65,419.04