Amr Alian Acquires Retail Property In Dania Beach For $3.4M
1104 Federal Highway, Dania Beach, Florida 33004, United States
$3,400,000
$37/SF
Building Size
91,476 SF
Asset Type
Retail
Closing
Mar 2, 2022
About this deal
AI
The property involved in this closed transaction is a retail asset located at 1104 & 2105 S Federal Highway in Dania Beach. The transaction took place on 03/03/2022. The market in which the property is situated is Dania Beach. The property spans a total of 91,476 square feet, with a price per square foot of $37.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,400,000
- Buyer: Amr Alian - Miami Vice Properties
- Seller: Israel Vidal
- Broker: Michael Maakar - InterConnect Realty LLC
The buyer of the property is Amr Alian, represented by Miami Vice Properties. The seller is Israel Vidal. The broker involved in the transaction is Michael Maakar from InterConnect Realty LLC.
On the Map
$3,400,000
$37/SF
Retail
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Players
Dania 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
4.67%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93