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
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.
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
4.47%
Cash-on-Cash
-1.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93