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19218 West Dixie Highway, M...

Updated Dec 19, 2023

Bilt advertisement
Aaron Tiram Acquires Automotive Property In Miami For $3.55M
SOLDRetail

Aaron Tiram Acquires Automotive Property In Miami For $3.55M

19218 West Dixie Highway, Miami, Florida 33180, United States

$3,550,000

$1,071/SF

Building Size

3,312 SF

Asset Type

Retail

Closing

Aug 29, 2022

About this deal

AI

An automotive property located at 19218 W Dixie Hwy in Miami, FL was recently sold for $3,550,000. The property spans 3,312 square feet, resulting in a price per square foot of $1,071.

Summary of transaction details:

  • Property Type: Automotive
  • Transaction Amount: $3,550,000

The buyer of the property was Aaron Tiram, while the seller was David Blatt.

The retail sale at 19218 West Dixie Highway, Miami, Florida 33180, United States in Miami, Florida sold for $3.6M in 2022. The building is 3,312 square feet, implying about 1.1K per square foot on the published price. Named participants on the 19218 West Dixie Highway, Miami, Florida 33180, United States sale are Aaron Tiram. This page is the Miami, Florida file for the 19218 West Dixie Highway, Miami, Florida 33180, United States retail sold: pricing, party profiles, and other closed retail comps from the same Miami sit in the Market section below. Filter that Miami retail set by closing date to see what else sold near 19218 West Dixie Highway, Miami, Florida 33180, United States around 2022. Published consideration for 19218 West Dixie Highway, Miami, Florida 33180, United States is $3.6M, dated 2022. Cite this Aaron Tiram Acquires Automotive Property In Miami For $3.55M sale when underwriting similar retail product around Miami, Florida.

Players

Aaron Tiram

Buyer

$55.1M

vol

4 deals

Buyer

Miami Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $1.1K per square foot on a published $3.6M for 3,312 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.47%

Cash-on-Cash

-1.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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