Felipe Desouza & Sam Losek Of Global Fund Real Estate Group Sell Mixed-Use Redevelopment On East Oakland Park Blvd. In Coral Ridge/Fort Lauderdale For $10.4M
2810 East Oakland Park Boulevard
$10,450,000
$314/SF
Building Size
33,196 SF
Asset Type
Office
Closing
Oct 2, 2023
About this deal
AI
A mixed-use redevelopment property located at 2810 East Oakland Park Boulevard in the Coral Ridge / Fort Lauderdale market has been recently sold for a price of $10,425,000. With a total floor area of 33,196 square feet, this property offers a versatile space that can cater to various commercial and residential needs.
Summary of transaction details
- Property Type: Mixed Use Redevelopment
- Transaction Amount: $10,425,000
- Square Footage: 33,196
- Address: 2810 East Oakland Park Boulevard
- Market: Coral Ridge / Fort Lauderdale
Felipe Desouza and Sam Losek from Global Fund Real Estate Group served as the seller's representatives in this transaction. Their expertise and experience in the real estate industry played a crucial role in ensuring a successful deal for all parties involved.
On the Map
$10,450,000
$314/SF
Office
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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
1.52%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93