Leila Centner Acquires Development Site In Edgewater From Cynthia Baer For $1.4M
SOLD
$1,400,000
Florida
See Similar DealsDevelopment Site2,125 SF
Sold 06/16/2025
SOLD
Leila Centner Acquires Development Site In Edgewater From Cynthia Baer For $1.4M
144 Northeast 20th Terrace
See Similar DealsDevelopment Site2,125 SF
Sold 06/16/2025
Summary
FLORIDA
Asset Type:Development Site
Price Per Square Foot:$658
Total Square Footage:2,125 SF
Transaction Type:Sale
This development site located at 144 Northeast 20th Terrace in the Edgewater market was sold for $1,400,000. The site measures 2,125 square feet, resulting in a price per square foot of $658.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $1,400,000
- Buyer: Leila Centner
- Seller: Cynthia Baer
- Sale Date: 6/16/2025
- Brokers: Alexandros Tsoulfas & Keiti Silva - STL Commercial
Leila Centner acquired the property from seller Cynthia Baer, with the transaction facilitated by brokers Alexandros Tsoulfas and Keiti Silva, representing STL Commercial in this sale.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$74,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,973.91
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,636.71
Annual Debt Service$79,640.57
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