Asi Cymbal Acquires Development Site In Dania Beach For $4.8M
150 Bryan Rd, Dania Beach, FL 33004, USA
$4,800,000
$45/SF
Building Size
104,544 SF
Asset Type
Development Site
Closing
Jul 22, 2020
AI
The development site located at 150 Bryan Road in Dania Beach has been sold for $4,800,000. The property spans a total square footage of 104,544, resulting in a price per square footage of $45.91.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $4,800,000
- Address: 150 Bryan Road
- Market: Dania Beach
- BSF: 104,544
- Price Per BSF: $45.91
Asi Cymbal has acquired the property, acting as the buyer. The seller in this transaction is Project USA LLC. Representing Asi Cymbal as the buyer's representative is Dania Pointe Waterfront LLC. On the other side, John DeMarco from RE/MAX acted as the seller's representative.
Players
Dania Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.30%
Cash-on-Cash
-0.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93