Brandee Goldstein Breaks Records With $1.45M Sale Of Development Site In Dania Beach
1409 South Federal Highway, Dania Beach, FL, USA
$1,450,000
$80/SF
Building Size
18,000 SF
Asset Type
Development Site
Closing
Apr 30, 2020
AI
A development site located at 1409 S Federal Highway, SE 14th Street, and 10 SE 14th Street 1-3 in Dania Beach has been sold. The property is situated in the Dania Beach market and was listed for sale by Starr Properties of Dania. The transaction was facilitated by Brandee Goldstein from GoldBrandAgency, representing FIP Commercial Realty. The property was recently sold for $1,450,000, which is $150,000 over the asking price. The asking price for the development site was $1,300,000. The property has a building size of 18,000 square feet, resulting in a price per square foot of $80.56. This transaction sets a new record for land sales in Dania Beach, thanks to Brandee Goldstein's successful efforts.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $1,450,000
- Address: 1409 S Federal Highway, SE 14th Street, 10 SE 14th Street 1-3, Dania Beach
- Market: Dania Beach
It's worth noting that Brandee Goldstein, from the GoldBrandAgency, has been setting new records for land sales in Dania Beach. Her expertise and hard work have resulted in this successful transaction, where the property was sold for $150,000 over the asking price. GoldBrandAgency was represented by FIP Commercial Realty in this deal. This transaction demonstrates Goldstein's exceptional skills in the real estate market.
Players
Dania Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.94%
Cash-on-Cash
-3.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93