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3220 Northeast 7th Street

Reid Heidenry And Michael Glowa Of MRLuxuryGroup Represent Buyer In $12.95M Pompano Beach Package Deal
SOLDPackage Deal

Reid Heidenry And Michael Glowa Of MRLuxuryGroup Represent Buyer In $12.95M Pompano Beach Package Deal

3220 Northeast 7th Street

$12,950,000

$846/SF

Building Size

15,300 SF

Asset Type

Package Deal

Closing

Jul 6, 2026

AI

A package deal consisting of multiple properties was sold for $12,950,000. The total square footage of the assets is 15,300, with a price per square foot of $846. The properties are located at 3220, 3222, 3224, 3226, 3228 & 3330 Northeast 7th Street in the Pompano Beach market.

Summary of transation details:

The transaction involved key representatives from both sides, with Reid Heidenry and Michael Glowa acting on behalf of the buyer, representing @MRLuxuryGroup at ONE Sotheby’s International Realty. Paola Guzzo represented the sellers through LL10X Realty in this significant deal.

Players

Reid Heidenry

Sotheby's International Realty

Broker

$529.9M

vol

43 deals

Broker

Pompano Beach Package Deal Market Snapshot

Boundary boundary · Package Deal · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.22%

Cash-on-Cash

-0.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93