Joseph R Casacci PA Acquires Retail Property In Hollywood, FL For $3.7M
1100 North Ocean Drive, Hollywood, Florida 33019, United States
$3,700,000
$3,700,000/SF
Building Size
1 SF
Asset Type
Retail
Closing
Nov 17, 2022
About this deal
AI
A retail property located at 1100 N Ocean Dr in Hollywood, FL, has been sold in a transaction that took place on November 17, 2022. The property spans a total area of 1,533 square feet and was sold for a price of $3,700,000, resulting in a price per square foot of $2,413.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,700,000
- Address: 1100 N Ocean Dr, Hollywood, FL
- Market: Hollywood, FL
- Buyer: Joseph R Casacci PA
- Seller: Steven Forest Sidle
- Square Footage: 1,533
- Price per Square Foot: $2,413
Joseph R Casacci PA served as the buyer, while Steven Forest Sidle acted as the seller in this transaction.
Players
Hollywood Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.29%
Cash-on-Cash
-1.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93