Haim Yehezkel Acquires Retail Property In Dania Beach For $2.175M
1200 Federal Highway
$2,175,000
$312/SF
Building Size
6,970 SF
Asset Type
Retail
Closing
Apr 24, 2024
About this deal
AI
The retail property located at 1200 Federal Highway in Dania Beach was sold for $2,175,000. The property spans 6,970 square feet, resulting in a price per square foot of $312. The transaction took place on 04/24/2024, with Haim Yehezkel acquiring the property from Daniel Chteinberg.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $2,175,000
- Buyer: Haim Yehezkel
- Seller: Daniel Chteinberg
- Seller's Rep: Jenni Fontana & Liz Coloma - APEX Capital Realty
- Market: Dania Beach
Liz Coloma and Jenni Fontana from APEX Capital Realty represented the seller, Daniel Chteinberg, in this transaction. Their expertise in the retail market facilitated the successful sale of the property at 1200 Federal Highway. The deal underscores the importance of experienced real estate professionals in facilitating smooth property transactions.
On the Map
$2,175,000
$312/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
7.29%
Cash-on-Cash
-2.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93