Updated Oct 28, 2024
Broward Health & North Broward Hospital District Acquires Vacant Commercial Property In Fort Lauderdale For $2.1M
4099 North Pine Island Road, Sunrise, Florida 33351, United States
$2,100,000
$89/SF
Building Size
23,526 SF
Asset Type
Commercial
Closing
Dec 29, 2021
About this deal
AI
The vacant commercial property located at 4099 N Pine Island Rd in Fort Lauderdale, FL was recently sold in a transaction on December 30, 2021. The property was purchased by Broward Health & North Broward Hospital District from Finlay Interests 40 Ltd & Finlay Interests 6 Ltd for a total price of $2,100,000.
Summary of transaction details:
- Property Type: Vacant Commercial
- Transaction Amount: $2,100,000
- Address: 4099 N Pine Island Rd
- Market: Fort Lauderdale, FL
Broward Health & North Broward Hospital District, represented by their broker Finlay Interests 40 Ltd & Finlay Interests 6 Ltd, completed the purchase of this vacant commercial property. This transaction highlights the involvement of key individuals and companies in the deal.
On the Map
$2,100,000
$89/SF
Commercial
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Players
Sunrise 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
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93