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
$6,125,000
$609/SF
Building Size
10,058 SF
Asset Type
Mixed-use
Closing
Feb 28, 2022
AI
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.
Fort Lauderdale Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.59%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93