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409 Hallandale Beach Blvd

Compass, FL LLC & Grafeno Realty Facilitate $4.8M Sale Of Mixed-Use Property In Hallandale Beach
SOLDMixed-use

Compass, FL LLC & Grafeno Realty Facilitate $4.8M Sale Of Mixed-Use Property In Hallandale Beach

409 Hallandale Beach Blvd

$4,800,000

$223/SF

Building Size

21,434 SF

Asset Type

Mixed-use

Closing

Oct 13, 2022

AI

409-425 Hallandale Beach Blvd, located in Hallandale Beach, has been sold for a price of $4,800,000. The property is a mixed-use building with a total square footage of 21,434. The sale price per square foot amounts to $224.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $4,800,000
  • Square Footage: 21,434
  • Price Per Square Foot: $224
  • Address: 409-425 Hallandale Beach Blvd
  • Market: Hallandale Beach

The sale of 409-425 Hallandale Beach Blvd was facilitated by Donald Shapiro from Compass, FL LLC and Jeremy Milgroom from Grafeno Realty.

Players

Donald Shapiro

Compass

Broker

$58.8M

vol

10 deals

Broker

Hallandale Beach 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

3.30%

Cash-on-Cash

-0.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93