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114 North Flagler Avenue

Joseph Chehebar & Lielle Chehebar Acquire Mixed-use Property In Pompano Beach For $1.35M
SOLDMixed-use

Joseph Chehebar & Lielle Chehebar Acquire Mixed-use Property In Pompano Beach For $1.35M

114 North Flagler Avenue, 120 North Flagler Avenue & 122 North Flagler Avenue

$1,350,000

$129/SF

Building Size

10,404 SF

Asset Type

Mixed-use

Closing

Feb 17, 2026

AI

114, 120 & 122 North Flagler Avenue is a mixed-use property located in the market of Pompano Beach, featuring a total square footage of 10,404. The sale price was set at $1,350,000, translating to a price per square foot of $129.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $1,350,000
  • Address: 114, 120 & 122 North Flagler Avenue
  • Market: Pompano Beach
  • Buyer: Joseph Chehebar & Lielle Chehebar - JC Holdings
  • Seller: Christopher J Brown - Old Towne Flagler
  • Square Footage: 10,404
  • Price Per Square Foot: $129

Joseph Chehebar & Lielle Chehebar of JC Holdings acquired the property from Christopher J Brown of Old Towne Flagler. The buyers aim to attract food and beverage or service operators to enhance the area and support its growth. They have indicated that tenant improvements and Community Redevelopment Agency funds are available for potential tenants.

Players

Joseph Chehebar

JC Holdings

Buyer

$3.6M

vol

2 deals

Buyer
JH
JC HoldingsBuyer

Pompano Beach 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

11.75%

Cash-on-Cash

-3.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93