Brian Paula & Grace Gonzalez Acquire Mixed-use Property In Palmetto Bay For $1,200,000
18161 Hope Avenue
$1,200,000
Building Size
—
Asset Type
Mixed-use
Closing
Apr 16, 2026
AI
The property asset involved in this transaction is a mixed-use facility located at 18161 Hope Avenue in the Palmetto Bay market. The transaction was finalized at a sale price of $1,200,000.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,200,000
- Buyer: Brian Paula & Grace Gonzalez
- Seller: Island Pools Inc.
- Buyer's Representative: Marielena Mancebo - Realty One Group
- Seller's Representative: Juan Moscoso - The Hype Real Estate Group
- Date of Transaction: 04/17/2026
This deal featured Brian Paula and Grace Gonzalez as the buyers, representing Pool Side, while the seller was Island Pools Inc. Marielena Mancebo represented the buyers, associated with Realty One Group, and Juan Moscoso represented the sellers through The Hype Real Estate Group.
Players
Perrine 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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93