Calico Investments Purchases Industrial Property In Hallandale Beach For $3,157,595 With Brokers Martin Bravo & Joshua Rosa
SOLD
$3,157,595
Florida
See Similar DealsIndustrial14,670 SF
Sold 02/17/2026
SOLD
Calico Investments Purchases Industrial Property In Hallandale Beach For $3,157,595 With Brokers Martin Bravo & Joshua Rosa
713-717 Nw 2 St
See Similar DealsIndustrial14,670 SF
Sold 02/17/2026
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$215
Total Square Footage:14,670 SF
Transaction Type:Sale
The property involved in this transaction is an industrial asset located at 713-717 Northwest 2nd Street in Hallandale Beach. The sale price for this property was $3,157,595, with a total size of 14,670 square feet, translating to a price per square foot of $215.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,157,595
- Address: 713-717 Northwest 2nd Street
- Market: Hallandale Beach
- Size: 14,670 SF
- Price per Square Foot: $215
- Buyer: Calico Investments
- Seller: Arthur S Phillips - CLAS Realty Associates & APHA Associates
- Brokers: Martin Bravo & Joshua Rosa - APEX Capital Realty
The transaction was facilitated by brokers Martin Bravo and Joshua Rosa from APEX Capital Realty, who represented the buyer, Calico Investments, in the deal. The sellers, Arthur S Phillips representing both CLAS Realty Associates and APHA Associates, finalized the transaction with the buyer on February 18, 2026.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$168,405.07
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,218.26
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,968.61
Annual Debt Service$179,623.33
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