Updated Oct 28, 2024
Captiva Cove III Associates Ltd Acquires Vacant Commercial Property In Pompano Beach, FL For $4.25M
740 Southwest 11th Street, Pompano Beach, Florida 33069, United States
$4,250,000
Building Size
—
Asset Type
Commercial
Closing
Aug 15, 2022
About this deal
AI
A vacant commercial property located at 740 SW 11th St in Pompano Beach, FL has been sold in a recent transaction. The sale took place on August 16, 2022, with a purchase price of $4,250,000. The property is described as vacant, indicating that it does not currently have any tenants or occupants.
Summary of transaction details
- Property Type: Vacant Commercial
- Transaction Amount: $4,250,000
- Address: 740 SW 11th St, Pompano Beach, FL
- Market: Pompano Beach, FL
The buyer of the property is Captiva Cove III Associates Ltd, while the seller is Cristian Santucho.
Players
Pompano Beach Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
Loading comparables…
Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.73%
Cash-on-Cash
-1.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93