Pedro Camejo Of CAM Group Sells Retail Asset At 17520 South Dixie Highway For $4M
SOLD
$4,000,000
Florida
See Similar DealsRetail7,671 SF
Sold 06/17/2025
SOLD
Pedro Camejo Of CAM Group Sells Retail Asset At 17520 South Dixie Highway For $4M
17520 South Dixie Highway
See Similar DealsRetail7,671 SF
Sold 06/17/2025
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$521
Total Square Footage:7,671 SF
Transaction Type:Sale
The property involved in this transaction is a retail asset located at 17520 South Dixie Highway in the Miami market. The sale price for the property was $4,000,000, and it encompasses a total square footage of 7,671. The price per square foot is calculated at $521.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,000,000
- Address: 17520 South Dixie Highway
- Market: Miami
- Square Footage: 7,671
- Price per Square Foot: $521
- Seller: Pedro Camejo - CAM Group
- Brokers: Jonathan De La Rosa & Eduardo Toledo - Marcus & Millichap
Pedro Camejo from CAM Group represented the seller in this transaction, while Jonathan De La Rosa and Eduardo Toledo from Marcus & Millichap acted as brokers facilitating the sale. This collaboration contributed to the successful completion of the retail property transaction in Miami.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$213,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,211.17
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,962.04
Annual Debt Service$227,544.49
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