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2601 East Oakland Park Boul...

Updated May 12, 2025

Harold Levy Of HL Law Group Acquires Office Building In Fort Lauderdale For $13.5M
SOLDRetail

Harold Levy Of HL Law Group Acquires Office Building In Fort Lauderdale For $13.5M

2601 East Oakland Park Boulevard

$13,500,000

$208/SF

Building Size

64,727 SF

Asset Type

Retail

Closing

May 1, 2025

About this deal

AI

A 64,727 square foot office building located at 2601 East Oakland Park Boulevard in Fort Lauderdale was sold for $13.5 million. The property spans 1.23 acres and features a 6-story structure. The sale was finalized on May 1, 2025, with the price translating to $209 per square foot. The seller of the property was NAI Merin Hunter Codman, who previously purchased the building in 2019 for $11.75 million.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: $13,500,000
  • Buyer: Harold Levy - HL Law Group
  • Seller: NAI Merin Hunter Codman
  • Lender: BankUnited
  • Square Footage: 64,727
  • Price per Square Foot: $209
  • Acres: 1.23
  • Transaction Date: May 1, 2025

Harold Levy, representing HL Law Group, was the buyer in this transaction, acquiring the property from NAI Merin Hunter Codman. This acquisition shows HL Law Group's continued expansion in the Fort Lauderdale market.

On the Map

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$13,500,000

$208/SF

Retail

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Players

Harold Levy

Buyer
Buyer
NAI Merin Hunter Codman
NAI Merin Hunter CodmanSeller
Bank United
Bank UnitedLender
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Fort Lauderdale Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $208 per square foot on a published $13.5M for 64,727 square feet (2025).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.18%

Cash-on-Cash

-0.34%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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