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3001 North Federal Highway
SOLD

Michael Daniel Acquires Hotel In Fort Lauderdale For $10M

3001 North Federal Highway

Hotel
102,000 SF
clock iconSold 1 year ago
Aaron O'Connor
Tyler Carbonelli
Scott Havericak
+ 4
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Summary

Sale
FLORIDA
Hotel
102,000 sqft

The Hotel located at 3001 N. Federal Highway in Fort Lauderdale was sold on November 29, 2019. The property spans across a total square footage of 102,000 and consists of 105 units. The sale price for this transaction was $10,000,000, resulting in a price per square foot of $98 and a price per unit of $95,238.

Summary of transation details

  • Property Type: Hotel
  • Transaction Amount: $10,000,000
  • Address: 3001 N. Federal Highway, Fort Lauderdale
  • Market: Fort Lauderdale

The seller of this property was Soneet R. Kapila, while the buyer was Michael Daniel. The deal was facilitated by brokers Scott Havericak, Joseph P. Thomas, Robert S. Hunter, Adam G. Duncan, Aaron Connor, and Tyler B. Carbonelli from Marcus & Millichap.

Players

  • All

    8

  • Agents

    6

  • Agencies

    2

Aaron O'Connor's profile picture
Aaron O'Connor
Marcus & Millichap-image
First Vice President Investments
$55.9M Sold
Tyler Carbonelli's profile picture
Scott Havericak's profile picture

Details

Deal Summary
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SOLD
IMAGE: Michael Daniel, Joseph P. Thomas, Robert S. Hunter & Adam G. Duncan DATE: 11/29/2019 ADDRESS: 3001 N. Federal Highway MARKET: Fort Lauderdale ASSET TYPE: Hotel SELLER: Soneet R. Kapila BUYER: Michael Daniel BROKERS: Scott Havericak, Joseph P. Thomas, Robert S. Hunter, Adam G. Duncan, Aaron Connor, Tyler B. Carbonelli - Marcus & Millichap PRICE: $10,000,000 SF: 102,000 ~ PPSF: $98 UNITS: 105 ~ PPU: $95,238

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Address3001 North Federal Highway

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