Keith Rozolis Of ABC Supply Acquires Industrial Property From Kyle Grant For $2.9M
1220 Northwest 23rd Avenue
$2,900,000
$362/SF
Building Size
8,000 SF
Asset Type
Industrial
Closing
Apr 6, 2026
AI
The asset involved in this transaction is an industrial property located at 1220 Northwest 23rd Avenue in the Fort Lauderdale market. The sale was completed for a total price of $2,900,000, encompassing a total area of 8,000 square feet. The price per square foot is $362, and the price per acre stands at $4,202,898.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,900,000
- Buyer: Keith Rozolis - ABC Supply
- Seller: Kyle Grant - Venture One Real Estate
- Seller's Representative: Santiago Acevedo - Compass
- Square Footage: 8,000
- Price per Square Foot: $362
- Price per Acre: $4,202,898
Keit Rozolis represented ABC Supply in the acquisition of the property, while Kyle Grant was the seller, representing Venture One Real Estate. The transaction was facilitated by Santiago Acevedo from Compass, who served as the seller's representative throughout the deal.
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
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93