Melanie Yeary Sells Industrial Property In Fort Lauderdale For $3.315M With Brokers Montero Rubi
1215 Northeast 17th Court
$3,315,000
$275/SF
Building Size
12,019 SF
Asset Type
Industrial
Closing
May 31, 2026
AI
The property is located at 1215 Northeast 17th Court in Fort Lauderdale. This industrial asset was sold for $3,315,000, encompassing a total of 12,019 square feet, which translates to a price per square foot of $275. The property sits on an area of 1.22 acres.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,315,000
- Square Footage: 12,019 SF
- Price per Square Foot: $275
- Acres: 1.22
- Seller: Melanie Yeary
- Broker Representatives: Amanda J. Rubi & Jose Montero - The Hype Real Estate Group
- Date of Sale: 06/01/2026
- Market: Fort Lauderdale
The deal was represented by Amanda J. Rubi and Jose Montero, who are associated with The Hype Real Estate Group. They closed the transaction, indicating continued success in acquiring off-market deals despite market challenges.
Players
Fort Lauderdale Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.79%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93