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:
- Property Type: Package Deal
- Transaction Amount: $12,950,000
- Square Footage: 15,300
- Price Per Square Foot: $846
- Address: 3220, 3222, 3224, 3226, 3228 & 3330 Northeast 7th Street
- Market: Pompano Beach
- Seller: Gustavo Suárez, Paulo Suárez & Agostina Galimberti
- Buyer's Representative: Reid Heidenry & Michael Glowa with @MRLuxuryGroup at ONE Sotheby’s International Realty
- Seller's Representative: Paola Guzzo - LL10X Realty
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
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