Updated Sep 11, 2026
Bill Kapri Acquires Development Site In Pompano Beach For $1.8M
1511 Hammondville Rd
$1,800,000
$207/SF
Building Size
8,678 SF
Asset Type
Development Site
Closing
Feb 2, 2023
About this deal
AI
A development site located at 1511-1547 Hammondville Rd in Pompano Beach has been sold in a recent transaction. The property spans a total of 31,994 square feet, with a price per square foot of $56. The total square footage of the development is 8,678, resulting in a price per square foot of $207. The sale price for the site was $1,800,000.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $1,800,000
- Lot Square Footage: 31,994
- Price per Lot Square Foot: $56
- Total Square Footage: 8,678
- Price per Square Foot: $207
The buyer of the development site is Bill Kapri, while the seller is Rida Albazian. The transaction was facilitated by Danilo Aquino from APEX Capital Realty.
On the Map
$1,800,000
$207/SF
Development Site
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Players
Hammondville 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
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93