Robert Sousa & Tami Capozzi Sell Mixed-use Property In Deerfield Beach For $2.9M
SOLD
$2,900,000
Florida
See Similar DealsMixed-use12,076 SF
Sold 08/27/2021
SOLD
Robert Sousa & Tami Capozzi Sell Mixed-use Property In Deerfield Beach For $2.9M
1680 SE 3rd Ct, Deerfield Beach, FL, USA
See Similar DealsMixed-use12,076 SF
Sold 08/27/2021
Summary
FLORIDA
Asset Type:Mixed-use
Price Per Square Foot:$240
Total Square Footage:12,076 SF
Transaction Type:Sale
A mixed-use property located at 1680 SE 3rd Ct in Deerfield Beach was recently sold for a sale price of $2,900,000. The property spans a total of 12,076 square feet, resulting in a price per square foot of $240. The sale was facilitated by brokers Mikhail Andreyev from Mikhail's Property Group at Skye Louis Realty and Liz Proud from Greenbriar Capital, LLC.
Summary of transation details
- Property Type: Mixed-use
- Transaction Amount: $2,900,000
- Address: 1680 SE 3rd Ct, Deerfield Beach
The sellers of the property were Robert Sousa and Tami Capozzi. Mikhail Andreyev represented the sellers through his agency, Mikhail's Property Group at Skye Louis Realty. Liz Proud, from Greenbriar Capital, LLC, also facilitated the transaction. The property was listed with an asking price of $3,000,000.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$154,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,303.08
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,747.48
Annual Debt Service$164,969.75
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