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
About this deal
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.
The retail sale at 27359 S Dixie Hwy, Homestead, FL 33032, USA in Homestead, Florida sold for $11.7M in 2020. The building is 98,471 square feet, implying about 118 per square foot on the published price. Named participants on the 27359 S Dixie Hwy, Homestead, FL 33032, USA sale are Dwight Angelini, Antonio Fraga. This page is the Homestead, Florida file for the 27359 S Dixie Hwy, Homestead, FL 33032, USA retail sold: pricing, party profiles, and other closed retail comps from the same Homestead sit in the Market section below. Filter that Homestead retail set by closing date to see what else sold near 27359 S Dixie Hwy, Homestead, FL 33032, USA around 2020. Published consideration for 27359 S Dixie Hwy, Homestead, FL 33032, USA is $11.7M, dated 2020. Cite this Dwight Angelini Acquires Retail Property In Naranja For $11.65M sale when underwriting similar retail product around Homestead, Florida.
Players
Homestead 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
1.36%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93