Workman Injury Law Acquires Office Building In Fort Lauderdale For $1.7M With Broker Representation From Beau Ladwig And Donna Korn
2312 South Andrews Avenue
$1,700,000
$604/SF
Building Size
2,811 SF
Asset Type
Office
Closing
Aug 13, 2025
About this deal
AI
An office building located at 2312 South Andrews Avenue in Fort Lauderdale was sold for $1,700,000. The asset comprises 2,811 square feet and was sold at a price per square foot of $605.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $1,700,000
- Square Footage: 2,811
- Address: 2312 South Andrews Avenue
- Market: Fort Lauderdale
- Buyer: Workman Injury Law
- Representatives: Beau Ladwig & Donna Korn - Cushman & Wakefield
Cushman & Wakefield’s Beau Ladwig and Donna Korn represented Workman Injury Law in the purchase of the property, facilitating the transaction to acquire the office building.
Players
Fort Lauderdale 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
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93