Ighal Eliav Acquires Mixed-Use Property In Surfside For $10.2M
9491 Harding Avenue
$10,225,000
$672/SF
Building Size
15,205 SF
Asset Type
Mixed-use
Closing
Nov 29, 2023
AI
An mixed-use property located at 9491 Harding Avenue in Surfside has been sold for $10,225,000. The property spans across 15,205 square feet, resulting in a price per square foot of $672.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $10,225,000
- Square Footage: 15,205
- Price per Square Foot: $672
- Address: 9491 Harding Avenue, Surfside
The seller of the property was Danny Lavy, while the buyer, represented by Ighal Eliav from Atlas Realty & Investments, acquired the asset. Aaron Labovitz and Brandon Lumish from ABL Real Estate Partners served as the seller's representatives in this transaction.
Players
Surfside 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
1.55%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93