facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Office

/

Sale

/

5415 Morning Mist Way

Updated Dec 4, 2024

Jonathan K Hage's Red Apple At Lake Worth Acquires Commercial (Educational) Property In Lake Worth For $3.35M
SOLDOffice

Jonathan K Hage's Red Apple At Lake Worth Acquires Commercial (Educational) Property In Lake Worth For $3.35M

5415 Morning Mist Way

$3,350,000

$304/SF

Building Size

11,000 SF

Asset Type

Office

Closing

May 2, 2023

About this deal

AI

An educational commercial property located at 5415 Morning Mist Way in Lake Worth has been sold for a price of $3,350,000. The property spans 11,000 square feet, resulting in a price per square foot of $305. The sale took place on 05/02/2023.

Summary of transaction details:

  • Property Type: Commercial (Educational)
  • Transaction Amount: $3,350,000
  • Address: 5415 Morning Mist Way, Lake Worth
  • Market: Lake Worth
  • Buyer: Jonathan K Hage - Red Apple At Lake Worth
  • Seller: Rafael Serrano - SHEDDF2-FL1A
  • Buyer's Representative: Miguel Pinto & Adriano Salucci - APEX Capital Realty
  • Seller's Representative: Benjamin Silver - CBRE
  • SF: 11,000
  • PPSF: $305

Miguel Pinto and Adriano Salucci from APEX Capital Realty represented the buyer, Jonathan K Hage of Red Apple At Lake Worth, in the transaction. Benjamin Silver from CBRE acted as the seller's representative, representing Rafael Serrano of SHEDDF2-FL1A.

Players

Miguel Pinto

APEX Capital Realty

Broker

$330.5M

vol

50 deals

Broker

Market Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

Deal FAQ

About $304 per square foot on a published $3.4M for 11,000 square feet (2023).

Visit Adriano Salucci to view all their deals.

Browse Florida office sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.74%

Cash-on-Cash

-1.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets