Apple Core Holdings Acquires Mixed-Use Property In Palmetto Bay, Miami For $6.9M
14101 South Dixie Highway, Palmetto Bay, Florida 33176, United States
$6,900,000
$342/SF
Building Size
20,140 SF
Asset Type
Mixed-use
Closing
Jun 2, 2022
AI
A mixed-use property located at 14101 S Dixie Hwy in Palmetto Bay, Miami, has been sold for a price of $6,900,000. The property spans an area of 20,140 square feet, resulting in a price per square foot of $343.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $6,900,000
- Address: 14101 S Dixie Hwy, Palmetto Bay, Miami
- Market: Palmetto Bay, Miami
The buyer of the property is Apple Core Holdings, while Sidney Pertnoy acted as the seller. Brandon Lumish and Aaron Labovitz from ABL Real Estate Partners represented the buyer in the transaction.
Note: No additional information is available regarding the deal.
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
2.30%
Cash-on-Cash
-0.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93