Updated Dec 20, 2023
Denis Valteri Acquires Commercial Property In Pompano Beach,FL For $3.2M
3305 Southeast 5th Street, Pompano Beach, Florida 33062, United States
$3,200,000
$640/SF
Building Size
5,000 SF
Asset Type
Commercial
Closing
Oct 11, 2022
About this deal
AI
The commercial property located at 3305 SE 5th St in Pompano Beach, FL has been sold. The transaction took place on October 12, 2022, and the property was purchased for a price of $3,200,000. The property spans across 5,000 square feet, resulting in a price per square foot of $640.
Summary of transaction details
- Property Type: Commercial
- Transaction Amount: $3,200,000
- Address: 3305 SE 5th St, Pompano Beach, FL
- Square Footage: 5,000
- Price per Square Foot: $640
The buyer of the property is Denis Valteri, while the sellers are Ioan Rus and Mary Rus.
Players
Pompano Beach Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93