Tiram Real Estate Enterprises LLC Acquires Retail Property In Dania For $3.58M
SOLD
$3,580,000
Florida
See Similar DealsRetail11,086 SF
Sold 06/22/2021
SOLD
Tiram Real Estate Enterprises LLC Acquires Retail Property In Dania For $3.58M
212 N Federal Hwy, Dania Beach, FL, USA
See Similar DealsRetail11,086 SF
Sold 06/22/2021
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$322
Total Square Footage:11,086 SF
Transaction Type:Sale
A retail property located at 212 N Federal Hwy in Dania has been sold for $3,580,000. The property spans an area of 11,086 square feet, resulting in a price per square foot of $323. The transaction took place on June 22, 2021.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,580,000
- Square Footage: 11,086
- Price Per Square Foot: $323
- Address: 212 N Federal Hwy, Dania
- Market: Dania
Tiram Real Estate Enterprises LLC acquired the property from Domenico & Giuseppe Apa. No additional information about the investors or brokers involved in the deal was provided.
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$190,933.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,719.00
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,971.03
Annual Debt Service$203,652.32
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