SOLDOffice
Sydnee Samuel Acquires Office In Fort Lauderdale For $4.65M
5900 North Hiatus Road, Sunrise, Florida 33351, United States
$4,653,000
$380/SF
Building Size
12,243 SF
Asset Type
Office
Closing
Mar 30, 2022
AI
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
Sunrise 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
3.41%
Cash-on-Cash
-0.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93