Updated Sep 9, 2024
David Dvash Acquires Industrial Property In Fort Lauderdale For $2.55M
3350 Southwest 3rd Avenue
$2,550,000
$168/SF
Building Size
15,134 SF
Asset Type
Industrial
Closing
Mar 22, 2023
About this deal
AI
3350 Southwest 3rd Avenue, a 15,134 square foot industrial property located in Fort Lauderdale, was recently sold for $2,550,000. The property was purchased by David Dvash from seller Tom Ackel.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $2,550,000
- Square Footage: 15,134
- Price per Square Foot: $168
- Address: 3350 Southwest 3rd Avenue
- Market: Fort Lauderdale
Ricky Hen from Compass represented the buyer, David Dvash, in the transaction, while Lindsey Way from Douglas Elliman represented the seller, Tom Ackel.
The industrial sale at 3350 Southwest 3rd Avenue in Florida sold for $2.6M in 2023. The building is 15,134 square feet, implying about 168 per square foot on the published price. Lindsey Way, Ricky Hen, Douglas Elliman, Compass appear on the sale alongside Douglas Elliman, Compass. This page is the Florida file for the 3350 Southwest 3rd Avenue industrial sold: pricing, party profiles, and other closed industrial comps from the same Florida sit in the Market section below. Filter that local industrial set by closing date to see what else sold near 3350 Southwest 3rd Avenue around 2023. Published consideration for 3350 Southwest 3rd Avenue is $2.6M, dated 2023. Cite this David Dvash Acquires Industrial Property In Fort Lauderdale For $2.55M sale when underwriting similar industrial product around Florida.
Players
Market 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
6.22%
Cash-on-Cash
-1.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93