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830 Douglas Avenue, Dunedin...

Updated Dec 20, 2023

Bill W. Mazas Acquires Office Building In Dunedin, FL For $7.55M
SOLDOffice

Bill W. Mazas Acquires Office Building In Dunedin, FL For $7.55M

830 Douglas Avenue, Dunedin, Florida 34698, United States

$7,550,000

Building Size

Asset Type

Office

Closing

May 15, 2022

About this deal

AI

An office building located at 830 Douglas Ave & 380 Main St in Dunedin, FL has been sold in a recent transaction. The property was sold for a price of $7,550,000.

Summary of transaction details

  • Property Type: Office Building
  • Transaction Amount: $7,550,000

The buyer of the office building is Bill W. Mazas, while the seller is Armand Lilo.

The office sale at 830 Douglas Avenue, Dunedin, Florida 34698, United States in Palm Harbor, Florida sold for $7.6M in 2022. 830 Douglas Avenue, Dunedin, Florida 34698, United States is classified as Office on Traded. This page is the Palm Harbor, Florida file for the 830 Douglas Avenue, Dunedin, Florida 34698, United States office sold: pricing, party profiles, and other closed office comps from the same Palm Harbor sit in the Market section below. Filter that Palm Harbor office set by closing date to see what else sold near 830 Douglas Avenue, Dunedin, Florida 34698, United States around 2022. Published consideration for 830 Douglas Avenue, Dunedin, Florida 34698, United States is $7.6M, dated 2022. Cite this Bill W. Mazas Acquires Office Building In Dunedin, FL For $7.55M sale when underwriting similar office product around Palm Harbor, Florida.

Players

Palm Harbor 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

2.10%

Cash-on-Cash

-0.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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