Lior Raviv Purchases Mixed-Use Property In Hollywood From Peter Pecora For $10 Million
509 Federal Highway & 1711 Fillmore Street
$10,000,000
$79/SF
Building Size
62,669 SF
Asset Type
Mixed-use
Closing
Apr 1, 2025
About this deal
AI
A mixed-use asset located at 509 Federal Highway & 1711 Fillmore Street in Hollywood was sold. The transaction involved a total sale price of $10,000,000, covering 62,669 square feet, which establishes a price per square foot of $159.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $10,000,000
- Address: 509 Federal Highway & 1711 Fillmore Street
- Market: Hollywood
- Square Footage: 62,669
- Price Per Square Foot: $159
- Buyer: Lior Raviv
- Seller: Peter Pecora
- Buyer's Representative: Avigail Gayer - Beachfront Realty
This transaction highlights the involvement of Lior Raviv as the buyer and Peter Pecora as the seller. The buyer was represented by Avigail Gayer from Beachfront Realty, who noted that this sale involved a full city block in Hollywood, Florida incorporating hotel and multifamily components.
On the Map
$10,000,000
$79/SF
Mixed-use
View full map
Players
Hollywood Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Visit Avigail Gayer to view all their deals.
Browse Hollywood mixed use sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.59%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93