Max Tonconogy Purchases Industrial Property In Oakland Park From Andrew Shader And Corey Shader For $7M
4351 Northeast 12th Terrace
$7,000,000
$215/SF
Building Size
32,436 SF
Asset Type
Industrial
Closing
Dec 17, 2025
AI
The property involved in this transaction is located at 4351 Northeast 12th Terrace in Oakland Park. The transaction represents an industrial asset with a sale price of $7,000,000. The total square footage of the property is 32,436, which equates to a price per square foot of $215.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $7,000,000
- Address: 4351 Northeast 12th Terrace
- Market: Oakland Park
- Square Footage: 32,436
- Price Per Square Foot: $215
- Buyer: Max Tonconogy
- Seller: Andrew Shader & Corey Shader
- Buyer's Representative: Mateo Romero - Gridline Properties
- Seller's Representative: Jaime Sturgis - Native Realty
This transaction featured Max Tonconogy as the buyer, who is represented by Mateo Romero from Gridline Properties. The sellers, Andrew Shader and Corey Shader, are represented by Jaime Sturgis from Native Realty. Following this trade, the buyer remains active and is seeking small-bay and large-bay industrial opportunities.
Players
Oakland Park 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
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93