Jose Breindembach Purchases Industrial Asset In Fort Lauderdale For $1.35M With Luis Guevara As Buyer's Rep
745 Northwest 7th Terrace
$1,350,000
$228/SF
Building Size
5,900 SF
Asset Type
Industrial
Closing
Nov 25, 2025
AI
An industrial asset located at 745 Northwest 7th Terrace in Fort Lauderdale, FL has been sold. The property spans 5,900 square feet and was transacted at a price of $1,350,000, equating to $228 per square foot.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,350,000
- Address: 745 Northwest 7th Terrace
- Market: Fort Lauderdale, FL
- Square Footage: 5,900
- Price Per Square Foot: $228
- Buyer: Jose Breindembach
- Seller: Asi Cabessa
- Buyer's Representative: Luis Guevara - Chariff Realty Group
- Seller's Representatives: Max Loria & David Richman - STL Commercial
The transaction involved key representatives, with Luis Guevara from Chariff Realty Group representing the buyer, while the seller was represented by Max Loria and David Richman of STL Commercial. The deal showcases the collaborative efforts of the respective brokerage teams in facilitating the sale.
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
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93