Robert Saland & Francisco Rojo Acquire Office Building In Dania, FL For $3.3M
59 Southwest 3rd Avenue, Dania Beach, Florida 33004, United States
$3,300,000
$1,262/SF
Building Size
2,614 SF
Asset Type
Office
Closing
Jul 31, 2022
About this deal
AI
An office building located at 59-65 SW 3rd Ave in Dania, FL was sold on August 1, 2022. The property, with a total area of 2,614 square feet, was purchased by Robert Saland & Francisco Rojo for a price of $3,300,000. The price per square foot was calculated to be $1,262.
Summary of transaction details
- Property Type: Office Building
- Transaction Amount: $3,300,000
- Address: 59-65 SW 3rd Ave, Dania, FL
- Market: Dania, FL
- Buyer: Robert Saland & Francisco Rojo
- Seller: Alexandre Burkhardt
- Square Footage: 2,614 SF
- Price per Square Foot: $1,262
Robert Saland & Francisco Rojo were represented in the transaction by their broker, Alexandre Burkhardt.
Players
Dania 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
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93