Haim Yehezkel Acquires Retail Property In Dania Beach For $2.175M
SOLD
$2,175,000
Florida
See Similar DealsRetail6,970 SF
Sold 04/24/2024
SOLD
Haim Yehezkel Acquires Retail Property In Dania Beach For $2.175M
1200 Federal Highway
See Similar DealsRetail6,970 SF
Sold 04/24/2024
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$312
Total Square Footage:6,970 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$115,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,727.32
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,310.61
Annual Debt Service$123,727.32
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