Maria Freeman Purchases Office Building From Aurelio Baglione For $3.875M In Oakland Park
1061 West Oakland Park Boulevard
$3,875,000
$295/SF
Building Size
13,100 SF
Asset Type
Office
Closing
Jun 30, 2025
AI
The asset involved in this transaction is an office property located at 1061 West Oakland Park Boulevard in Oakland Park. The property encompasses a total square footage of 13,100 and was sold for a transaction price of $3,875,000, resulting in a price per square foot of $295.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $3,875,000
- Square Footage: 13,100
- Price per Square Foot: $295
- Buyer: Maria Freeman
- Seller: Aurelio Baglione
- Broker Representatives: Benjamin Silver & Evan Fript - CBRE
- Transaction Date: 07/01/2025
The transaction involved key individuals, notably the buyer Maria Freeman and the seller Aurelio Baglione. The deal was facilitated by brokers Benjamin Silver and Evan Fript, representing CBRE in the transaction.
Players
Wilton Manors Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.09%
Cash-on-Cash
-1.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93