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Northlink Capital Acquires Development Site In Hallandale Beach For $26M

Property Image
SOLD
$26,000,000
Samuel Heskiel
Marilina Apfelbaum
+ 1

Florida

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Development Site64,777 SF
Sold 07/08/2022
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Property Image
SOLD

Northlink Capital Acquires Development Site In Hallandale Beach For $26M

900 S Federal Hwy, Hallandale Beach, FL 33009

See Similar Deals
Development Site64,777 SF
Sold 07/08/2022
Samuel Heskiel
Marilina Apfelbaum
+ 1
Contact now

Summary

FLORIDA
Asset Type:Development Site
Price Per Square Foot:$401
Total Square Footage:64,777 SF
Transaction Type:Sale

Northlink Capital has acquired a development site located at 900 S Federal Hwy in Hallandale Beach. The property was sold by Alan Waserstein for a sale price of $26,000,000. The transaction was facilitated by brokers Samuel Heskiel, Marilina Apfelbaum, and Shani Ben-Hanania from Beachfront Realty. The property spans a total of 64,777 square feet, resulting in a price per square foot of $401.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $26,000,000
  • Address: 900 S Federal Hwy, Hallandale Beach
  • Brokers: Samuel Heskiel, Marilina Apfelbaum, and Shani Ben-Hanania - Beachfront Realty

For more off-market opportunities, interested parties can contact Samuel Heskiel at 786.451.4484.

Players

Marilina Apfelbaum
19 deals$226.6M volume
BROKER

Samuel Heskiel
Beachfront Realty
31 deals$355.3M volume
BROKER

Shani Heskiel
Beachfront Realty
6 deals$74.5M volume
BROKER

Northlink Capital
BUYER

Details

SOLD
IMAGE: Shani Ben-Hanania, Samuel Heskiel & Marilina Apfelbaum DATE: 07/08/2022 ADDRESS: 900 S Federal Hwy MARKET: Hallandale Beach ASSET TYPE: Development Site BUYER: Northlink Capital (@Northlink.Capital) SELLER: Alan Waserstein BROKERS: Samuel Heskiel (@Sammyblueyes), Marilina Apfelbaum (@Marilinamiami) & Shani Ben-Hanania (@Shanibh1) - Beachfront Realty (@BeachfrontRealtyinc) SALE PRICE: $26,000,000 BSF: 64,777 ~ PPBSF: $401 NOTE FROM BROKERS: CALL US FOR MORE OFF MARKET OPPORTUNITIES. SAM - 786.451.4484

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Deal Type
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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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