Dimitrios Sidiropoulos Acquires Other Agriculture Property In Fort Lauderdale For $5.5M
SOLD
$5,500,000
Florida
See Similar DealsOther24,484 SF
Sold 03/03/2022
SOLD
Dimitrios Sidiropoulos Acquires Other Agriculture Property In Fort Lauderdale For $5.5M
700 Northwest 57th Place, Fort Lauderdale, Florida 33309, United States
See Similar DealsOther24,484 SF
Sold 03/03/2022
Summary
FLORIDA
Asset Type:Other
Price Per Square Foot:$224
Total Square Footage:24,484 SF
Transaction Type:Sale
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.
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30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$293,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$19,540.35
Cash-on-Cash Return-1.27%
Monthly Debt Service$26,072.81
Annual Debt Service$312,873.67
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