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14350 West Dixie Highway

Moshe Pourad Buys Mixed-Use Property In North Miami For $2.18M
SOLDMixed-use

Moshe Pourad Buys Mixed-Use Property In North Miami For $2.18M

14350 West Dixie Highway

$2,180,000

$760/SF

Building Size

2,868 SF

Asset Type

Mixed-use

Closing

Jun 3, 2024

AI

Located at 14350 West Dixie Highway in North Miami, this mixed-use property was recently sold for $2,180,000. Spanning 2,868 square feet with a price per square foot of $760, the asset sits on a lot measuring 23,944 square feet. The transaction took place on 06/03/2024, with Moshe Pourad acquiring the property from Leon Heriberto.

Summary of transaction details:

The buyer's representatives in this transaction were Noah Ohayon, Jose Sasson Lerner, and Roberto Susi from AXIOM Capital Advisors, specializing in off-market transactions. For inquiries or assistance in finding your next deal, you can reach out to Jose Sasson at 786-393-8089 ([email protected]), Roberto Susi at 305-528-3283 ([email protected]), or Noah Ohayon at 305-916-9351 ([email protected]).

Players

Jose Sasson Lerner

AXIOM Capital Advisors

Broker

$878.8M

vol

78 deals

Broker

North 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

7.28%

Cash-on-Cash

-2.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93