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1200 Federal Highway

Haim Yehezkel Acquires Retail Property In Dania Beach For $2.175M
SOLDRetail

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

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:

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.

Players

Liz Coloma

The Alpha Commercial

Broker

$5.8M

vol

3 deals

Broker

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