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
Fort Lauderdale Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
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