Updated Oct 28, 2024
DWNTWN Realty Advisors Represents , In $2.85M Sale Of Development Site In Fort Lauderdale's Central Business District
100 Avenue of the Arts
$2,850,000
$109/SF
Building Size
26,000 SF
Asset Type
Development Site
Closing
Oct 26, 2022
About this deal
AI
The development site located at in the Central Business District of Fort Lauderdale has been sold for a price of $2,850,000. The property spans a total square footage of 26,000, resulting in a price per square foot of $110. The seller of the property was , .
Summary of transaction details:
- Property Type: Development Site
- Sale Price: $2,850,000
- BSF: 26,000
- Price per Square Foot: $110
- Address:
- Market: Central Business District, Fort Lauderdale
The deal was facilitated by the brokers from DWNTWN Realty Advisors, including Devlin Marinoff, Tony Arellano, and David Richman.
Players
Fort Lauderdale Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
Deal FAQ
Visit David Richman to view all their deals.
Browse Fort Lauderdale development site sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.57%
Cash-on-Cash
-1.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93