Pavlo Joannou & Walter Schneider Acquire Retail Property On N Dixie Hwy In Fort Lauderdale, FL For $2.6M
2505 North Dixie Highway, Fort Lauderdale, Florida 33305, United States
$2,600,000
$435/SF
Building Size
5,965 SF
Asset Type
Retail
Closing
Sep 29, 2022
About this deal
AI
The retail property located at 2505 N Dixie Hwy in Fort Lauderdale, FL has been sold. The transaction took place on September 30, 2022.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $2,600,000
- Size: 5,965 square feet
- Price per Square Foot: $435
- Buyer: Pavlo Joannou & Walter Schneider
- Seller: Bernard L. Mcintee III
Pavlo Joannou & Walter Schneider were represented by their broker in this transaction. However, no further information about the deal participants or any additional details were provided.
Players
Fort Lauderdale Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Browse Florida retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.10%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93