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:
- Property Type: Mixed-Use
- Transaction Amount: $2,180,000
- Buyer: Moshe Pourad
- Seller: Leon Heriberto
- Buyer's Representative: Noah Ohayon, Jose Sasson Lerner & Roberto Susi - AXIOM Capital Advisors
- Seller's Representative: Ryan Shaw & Matt Yelken – Marcus & Millichap
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
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