Eli Dadon Acquires Retail Property In North Miami For $3.025M With APEX Capital Realty Representation
13001 Northwest 7th Avenue
$3,025,000
$154/SF
Building Size
19,530 SF
Asset Type
Retail
Closing
Oct 31, 2024
AI
The property asset involved in the transaction is a retail space located at 13001 Northwest 7th Avenue in North Miami. The sale price was $3,025,000, with a total square footage of 19,530 and a price per square foot of $154. The lot size is 43,598 square feet, translating to a price per lot square foot of $69.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,025,000
- Square Footage: 19,530
- Price Per Square Foot: $154
- Lot Size: 43,598
- Price Per Lot Square Foot: $69
- Buyer: Eli Dadon
- Seller: Jack Tarboulos
- Buyer’s Representative: Tatiana Escobar - APEX Capital Realty
- Seller’s Representative: Paola Chapman - APEX Capital Realty
- Date of Transaction: 10/31/2024
The transaction featured Eli Dadon as the buyer and Jack Tarboulos as the seller, both represented by agents from APEX Capital Realty. Tatiana Escobar represented the buyer, while Paola Chapman represented the seller in this retail property transaction.
Players
North 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
5.24%
Cash-on-Cash
-1.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93