Roberto Avella, Ida Avella & Roberta Avella Acquire Store In Miami, FL For $3.9M
18920 West Dixie Highway, Miami, Florida 33180, United States
$3,977,000
$784/SF
Building Size
5,070 SF
Asset Type
Retail
Closing
Apr 3, 2022
About this deal
AI
The property at 18920 W Dixie Hwy in Miami, FL has been sold in a recent transaction. The store, with a total area of 5,070 square feet, was purchased by Roberto Avella, Ida Avella, and Roberta Avella from the seller, Isaac Wakszol. The sale price for this transaction was $3,977,000, resulting in a price per square foot of $784.
Summary of transaction details
- Property Type: Store
- Transaction Amount: $3,977,000
- Square Footage: 5,070
- Price per Square Foot: $784
- Buyer: Roberto Avella, Ida Avella, and Roberta Avella
- Seller: Isaac Wakszol
- Market: Miami, FL
This transaction involved Roberto Avella, Ida Avella, and Roberta Avella as the buyers, and Isaac Wakszol as the seller. The property, located at 18920 W Dixie Hwy in Miami, FL, has a total area of 5,070 square feet and was sold for a price of $3,977,000. This deal highlights the successful transaction between the buyers and the seller in the Miami market.
Players
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
3.99%
Cash-on-Cash
-1.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93