Updated Oct 25, 2024
Ibrahim Yasubuga Acquires Commercial Property In Pompano Beach For $16.5M
800 N Federal Hwy, Pompano Beach, FL, USA
$16,500,000
$593/SF
Building Size
27,796 SF
Asset Type
Commercial
Closing
Jul 22, 2021
About this deal
AI
The commercial property located at 800 N Federal Hwy in Pompano Beach has been sold in a recent transaction. The property spans approximately 27,796 square feet and was sold for a price of $16,500,000, resulting in a price per square foot of $594.
Summary of transaction details
- Property Type: Commercial
- Transaction Amount: $16,500,000
- Address: 800 N Federal Hwy, Pompano Beach
- Square Footage: 27,796
- Price per Square Foot: $594
The buyer in this transaction is Ibrahim Yasubuga, while the seller is Daniel Shoffet.
On the Map
$16,500,000
$593/SF
Commercial
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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
0.96%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93