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700 Northwest 57th Place, F...

Updated Dec 21, 2023

Bilt advertisement
Dimitrios Sidiropoulos Acquires Other Agriculture Property In Fort Lauderdale For $5.5M
SOLDOther

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.

Players

Dimitrios Sidiropoulos

Buyer

$16.7M

vol

4 deals

Buyer

Fort Lauderdale Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Deal FAQ

About $224 per square foot on a published $5.5M for 24,484 square feet (2022).

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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

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