Florida Value Partners Acquires Retail Property In Miami For $14.5M
9200 South Dixie Highway, Miami, FL 33156
$14,500,000
$3,541/SF
Building Size
4,094 SF
Asset Type
Retail
Closing
Jan 4, 2022
About this deal
AI
A retail property located at 9200 S. Dixie Highway in Miami has been sold for $14,500,000. The property is owned by Florida Value Partners and was purchased by Gus Alfonso and Atlantic Pacific.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $14,500,000
- Address: 9200 S. Dixie Highway
- Market: Miami
Gus Alfonso and Atlantic Pacific have acquired the retail property located at 9200 S. Dixie Highway in Miami. The property was sold for $14,500,000 by Florida Value Partners.
The retail sale at 9200 South Dixie Highway, Miami, FL 33156 in Miami, Florida sold for $14.5M in 2022. The building is 4,094 square feet, implying about 3.5K per square foot on the published price. This page is the Miami, Florida file for the 9200 South Dixie Highway, Miami, FL 33156 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 9200 South Dixie Highway, Miami, FL 33156 around 2022. Published consideration for 9200 South Dixie Highway, Miami, FL 33156 is $14.5M, dated 2022. Cite this Florida Value Partners Acquires Retail Property In Miami For $14.5M sale when underwriting similar retail product around Miami, Florida.
On the Map
$14,500,000
$3,541/SF
Retail
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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
1.09%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93