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212 N Federal Hwy, Dania Be...

Tiram Real Estate Enterprises LLC Acquires Retail Property In Dania For $3.58M
SOLDRetail

Tiram Real Estate Enterprises LLC Acquires Retail Property In Dania For $3.58M

212 N Federal Hwy, Dania Beach, FL, USA

$3,580,000

$322/SF

Building Size

11,086 SF

Asset Type

Retail

Closing

Jun 21, 2021

AI

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

TL
Tiram Real Estate Enterprises LLCBuyer

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

4.43%

Cash-on-Cash

-1.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93