Ronny Finvarb Acquires Retail Property In Deerfield Beach For $9.3M
233-249 Northeast 21st Avenue, Deerfield Beach, FL, USA
$9,300,000
$180/SF
Building Size
51,662 SF
Asset Type
Retail
Closing
Jul 7, 2020
About this deal
AI
Ronny Finvarb has purchased a retail property located at 233-249 Northeast 21st Avenue in Deerfield Beach. The property spans 51,662 square feet and was sold for $9,300,000, resulting in a price per square foot of $180. The transaction took place on July 7, 2021.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $9,300,000
- Address: 233-249 Northeast 21st Avenue, Deerfield Beach
- Square Footage: 51,662
- Market: Deerfield Beach
The property was sold by Atlantic Pavilion, represented by James Nizzo and Ellen Spiros, to Ronny Finvarb. Ronny Finvarb made the purchase through this transaction.
On the Map
$9,300,000
$180/SF
Retail
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Players
Deerfield Beach 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
1.71%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93