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1471 Southwest 30th Avenue

Josh Levy Acquires Industrial Property In Deerfield Beach For $2.7M
SOLDIndustrial

Josh Levy Acquires Industrial Property In Deerfield Beach For $2.7M

1471 Southwest 30th Avenue

$2,700,000

$200/SF

Building Size

13,450 SF

Asset Type

Industrial

Closing

Sep 28, 2023

AI

An Industrial property located at 1471 Southwest 30th Avenue in Deerfield Beach was recently sold for $2,700,000. The asset spans a total of 13,450 square feet, resulting in a price per square foot of $201. The sale was facilitated by broker Lielle Sosa from Silmar Realty, representing both the buyer, Josh Levy, and the seller, Edward Flak. This off-market transaction was executed seamlessly, involving multiple tenants within the industrial warehouse.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $2,700,000
  • Address: 1471 Southwest 30th Avenue
  • Market: Deerfield Beach
  • Square Footage: 13,450
  • Buyer: Josh Levy
  • Seller: Edward Flak
  • Broker: Lielle Sosa - Silmar Realty
  • Represented Both Buyer and Seller

This exclusive transaction underlines the expertise of Lielle Sosa from Silmar Realty, who skillfully managed to represent both parties, ensuring a smooth and efficient deal. The involvement of key individuals like Josh Levy and Edward Flak highlights the collaborative effort that led to the successful sale of this multi-tenant industrial property, showcasing the value of expert brokerage services in real estate transactions.

Players

Lielle Sosa

Levy Realty Advisors

Broker

$24.4M

vol

3 deals

Broker

Deerfield Beach 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

5.88%

Cash-on-Cash

-1.68%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93