Realty Standard Acquires Office Building In Deerfield Beach For $2.4M
361 East Hillsboro Boulevard, Deerfield Beach, Florida 33441, United States
$2,400,000
$293/SF
Building Size
8,177 SF
Asset Type
Office
Closing
Jan 24, 2022
About this deal
AI
The office building located at 361 E Hillsboro Blvd in Deerfield Beach has been sold for $2,400,000. The property spans 8,177 square feet, resulting in a price per square foot of $294. This transaction was facilitated by Dominick Rivera from Realty Standard.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $2,400,000
- Address: 361 E Hillsboro Blvd
- Market: Deerfield Beach
- Square Footage: 8,177
- Price per Square Foot: $294
- Broker: Dominick Rivera - Realty Standard
This deal was successfully executed with the assistance of Dominick Rivera from Realty Standard, who represented the parties involved in the transaction. Through their expertise and negotiation skills, the sale of the office building at 361 E Hillsboro Blvd was made possible.
Players
Deerfield Beach 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
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93