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52 Southwest 5th Court

Flying Point Purchases Industrial Asset In Pompano Beach From Peter & Brian Zepsa For $4M
SOLDIndustrial

Flying Point Purchases Industrial Asset In Pompano Beach From Peter & Brian Zepsa For $4M

52 Southwest 5th Court

$4,000,000

$212/SF

Building Size

18,841 SF

Asset Type

Industrial

Closing

Apr 24, 2025

AI

The property asset involved in this transaction is an industrial asset located at 52 Southwest 5th Court, Pompano Beach. The transaction was conducted for a sale price of $4,000,000, with a total square footage of 18,841.

Summary of transaction details:

This transaction highlights the successful brokerage involvement of Pablo Vignolo, Junior Ferrer, and Raul Pino, who represent The Hype Real Estate Group. The group has recently expanded its operations to New York City and continues to seek well-priced, value-add opportunities across Florida. Individual brokers involved in this transaction can be contacted at their respective email addresses, with Junior Ferrer at [email protected], Pablo Vignolo at [email protected], and Raul Pino at [email protected].

Players

Raul Pino

The Hype Real Estate Group

Broker

$344.4M

vol

50 deals

Broker

Sam Genet

Flying Point

Buyer

$69.5M

vol

16 deals

Buyer

Pompano 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

3.97%

Cash-on-Cash

-1.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93