Dimitrios Sidiropoulos Acquires Other Agriculture Property In Fort Lauderdale For $5.5M
700 Northwest 57th Place, Fort Lauderdale, Florida 33309, United States
$5,500,000
$224/SF
Building Size
24,484 SF
Asset Type
Other
Closing
Mar 2, 2022
About this deal
AI
Agricultural property located at 700 NW 57th Pl in Fort Lauderdale, FL was recently sold for $5,500,000. The property encompasses approximately 24,484 square feet, resulting in a price per square foot of $225.
Summary of transaction details:
- Property Type: Other Agriculture
- Transaction Amount: $5,500,000
- Address: 700 NW 57th Pl, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
- Buyer: Dimitrios Sidiropoulos
- Seller: Emre Uralli
- Square Footage: 24,484
- Price per Square Foot: $225
Dimitrios Sidiropoulos served as the buyer in this transaction, while Emre Uralli acted as the seller.
On the Map
$5,500,000
$224/SF
Other
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Fort Lauderdale Other Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93