Dwight Angelini Acquires Retail Property In Naranja For $11.65M
27359 S Dixie Hwy, Homestead, FL 33032, USA
$11,650,000
$118/SF
Building Size
98,471 SF
Asset Type
Retail
Closing
Aug 2, 2020
AI
Located at 27359 South Dixie Highway in the Naranja market, this retail property was recently sold in a closed transaction. The property spans across 98,471 square feet and was sold for a price of $11,650,000, resulting in a price per square foot of $118.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $11,650,000
The seller of the property was Antonio Fraga, while the buyer was Dwight Angelini, representing Longpoint Realty Partners.
Players
Homestead Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.36%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93