Luxuri International Realty Represents Buyer In $6.1M Mixed-Use Property Sale On Bayview Dr, Fort Lauderdale
SOLD
$6,125,000
Florida
See Similar DealsMixed-use10,058 SF
Sold
SOLD
Luxuri International Realty Represents Buyer In $6.1M Mixed-Use Property Sale On Bayview Dr, Fort Lauderdale
1400 Bayview Drive, Fort Lauderdale, Florida 33304, United States
See Similar DealsMixed-use10,058 SF
Sold
Summary
FLORIDA
Asset Type:Mixed-use
Price Per Square Foot:$609
Total Square Footage:10058 SF
Transaction Type:Sale
1400 Bayview Dr in Fort Lauderdale has been sold in a mixed-use transaction. The property encompasses approximately 10,058 square feet and was sold for a total price of $6,125,000, resulting in a price per square foot of $609.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $6,125,000
- Square Footage: 10,058
- Address: 1400 Bayview Dr, Fort Lauderdale
- Market: Fort Lauderdale
The buyer of 1400 Bayview Dr remains undisclosed. However, Antoine O & Jennifer C. Gendre were the sellers in this transaction. The deal was facilitated by Larry Shinbaum from Luxuri International Realty.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$326,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$21,760.83
Cash-on-Cash Return-1.27%
Monthly Debt Service$29,035.62
Annual Debt Service$348,427.50
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