Updated Dec 20, 2023
Steven J. Halmos Acquires Warehouse In Fort Lauderdale, FL For $4.15M
1527 Southwest 1st Avenue, Fort Lauderdale, Florida 33315, United States
$4,150,000
$196/SF
Building Size
21,117 SF
Asset Type
Industrial
Closing
Mar 17, 2022
About this deal
AI
The warehouse located at 1527 SW 1st Ave in Fort Lauderdale, FL has been sold for a price of $4,150,000. The property spans a total area of 21,117 square feet, resulting in a price per square foot of $196. The sale took place on March 18, 2022, with Steven J. Halmos as the buyer and Bonnie Bennett & Gary Bennett as the sellers.
Summary of transaction details:
- Property Type: Warehouse
- Transaction Amount: $4,150,000
- Address: 1527 SW 1st Ave, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
- Square Footage: 21,117
- Price per Square Foot: $196
- Buyer: Steven J. Halmos
- Seller: Bonnie Bennett & Gary Bennett
This deal showcases Steven J. Halmos as the buyer and Bonnie Bennett & Gary Bennett as the sellers of the warehouse property located at 1527 SW 1st Ave in Fort Lauderdale, FL.
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
3.82%
Cash-on-Cash
-1.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93