Henncy & Julenne Macillon Acquires Retail Property In North Miami For $1.5M
13695 W Dixie Hwy North Miami, FL 33161, USA
$1,500,000
$511/SF
Building Size
2,934 SF
Asset Type
Retail
Closing
Jun 26, 2023
About this deal
AI
A retail property located at 13695 West Dixie Highway in North Miami has been sold for a price of $1,500,000. The property spans a total area of 2,934 square feet and has a price per square foot value of $511. The lot size is 15,958 square feet, resulting in a price per lot square foot of $94.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,500,000
- Address: 13695 West Dixie Highway, North Miami
- Square Footage: 2,934
- Price per Square Foot: $511
- Lot Size: 15,958 square feet
- Price per Lot Square Foot: $94
The property was purchased by Henncy & Julenne Macillon from the seller, Odin Celestin. Adriano Salucci & Yoni Sunshine from APEX Capital Realty represented the seller in this transaction.
Players
North Miami Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93