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Sydnee Samuel Acquires Office In Fort Lauderdale For $4.65M

Property Image
SOLD
$4,653,000

Florida

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Office12,243 SF
Sold 03/31/2022
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Property Image
SOLD

Sydnee Samuel Acquires Office In Fort Lauderdale For $4.65M

5900 North Hiatus Road, Sunrise, Florida 33351, United States

See Similar Deals
Office12,243 SF
Sold 03/31/2022
Contact now

Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$380
Total Square Footage:12,243 SF
Transaction Type:Sale

The office property located at 5900 N Hiatus Rd in Fort Lauderdale, FL has been sold. The transaction took place on March 31, 2022.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $4,653,000
  • Square Footage: 12,243
  • Price per Square Foot: $380
  • Address: 5900 N Hiatus Rd, Fort Lauderdale, FL
  • Market: Fort Lauderdale, FL

The buyer of the property is Sydnee Samuel, while the sellers are Angela Ruth Speros, Robert Daniel Scarfone, Danny Scarfone, and David Napoli.

Players

2 deals$9.3M volume
SELLER

Details

SOLD
IMAGE: 03/31/2022 ADDRESS: 5900 N Hiatus Rd MARKET: Fort Lauderdale,FL ASSET TYPE: Office BUYER: Sydnee Samuel SELLER: Angela Ruth Speros & Robert Daniel Scarfone & Danny Scarfone & David Napoli PRICE: $4,653,000 SF: 12,243 ~ PPSF: $380

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$248,160.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$16,531.13
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,057.59
Annual Debt Service$264,691.13