Paul And Nasha Cameau Acquire Mixed-use Property In Miami Shores From Helga Ness
11801 West Dixie Highway, Miami, FL 33161, USA
$2,000,000
$677/SF
Building Size
2,952 SF
Asset Type
Mixed-use
Closing
Aug 13, 2020
AI
A mixed-use property located at 11801 W Dixie Hwy in Miami Shores has been sold in a recent transaction. The property, covering an area of 2,952 square feet, was sold for a price of $2,000,000. The property features a variety of uses, making it suitable for both residential and commercial purposes. The transaction was facilitated by brokers Tony Perez, Karl Hueck, and Alberto Figueroa from Compass FL, who represented the buyer and seller, Paul Cameau, Nasha Cameau, and Helga Ness, respectively. The property was listed for sale with an asking price of $2,600,000.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $2,000,000
- Date: 08/13/2021
- Address: 11801 W Dixie Hwy, Miami Shores
- Market: Miami Shores
The sale of the mixed-use property at 11801 W Dixie Hwy was facilitated by brokers Tony Perez, Karl Hueck, and Alberto Figueroa from Compass FL. They played a key role in negotiating the deal between the buyer, Paul Cameau, and the seller, Helga Ness. The property offers a versatile space for residential and commercial use, presenting a valuable investment opportunity in Miami Shores.
Players
Miami Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93