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928 NE 20th Ave, Ft Lauderd...

Native Realty Brokers Sale Of Ft. Lauderdale Mixed-Use Property On NE 20th Ave. For $2.5M
SOLDMixed-use

Native Realty Brokers Sale Of Ft. Lauderdale Mixed-Use Property On NE 20th Ave. For $2.5M

928 NE 20th Ave, Ft Lauderdale, FL, USA

$2,500,000

$362/SF

Building Size

6,904 SF

Asset Type

Mixed-use

Closing

Sep 14, 2021

AI

A mixed-use property located at 928 NE 20th Ave in Ft. Lauderdale has been sold for $2,500,000. The property spans 6,904 square feet, resulting in a price per square foot of $362. The transaction took place on September 14, 2021. Ofir Badash's image showcases the property.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $2,500,000
  • Address: 928 NE 20th Ave.
  • Market: Ft. Lauderdale
  • Broker: Sara Dorfman - Native Realty
  • Square Footage: 6,904
  • Price per Square Foot: $362

Sara Dorfman from Native Realty played a crucial role as the broker in facilitating the sale of this mixed-use property. Their expertise in the market contributed to the successful transaction.

Players

Sara Dorfman

Broker

$3.7M

vol

2 deals

Broker

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

6.35%

Cash-on-Cash

-1.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93