Over Easy Ventures LLC Purchases Retail Building From John R. Katsikas For $1.3 Million
2621 North Federal Highway
$1,300,000
$253/SF
Building Size
5,131 SF
Asset Type
Retail
Closing
Oct 7, 2025
About this deal
AI
A retail building comprising three tenants is located at 2621–2629 North Federal Highway in Fort Lauderdale, covering an area of 5,131 square feet. The asset was sold for $1,300,000, resulting in a price per square foot of $253. The parcel size is 0.11 acres.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,300,000
- Square Footage: 5,131
- Price per Square Foot: $253
- Address: 2621-2629 North Federal Highway
- Market: Fort Lauderdale
- Buyer: Over Easy Ventures LLC
- Seller: John R. Katsikas
- Brokers: Bill Rotella (RotellaWilliam) & Michael Rotella - The Rotella Group
Bill and Michael Rotella of The Rotella Group acted as the representatives of the seller, John R. Katsikas, in this real estate transaction involving the retail property.
On the Map
$1,300,000
$253/SF
Retail
View full map
Players
Fort Lauderdale Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Bill Rotella to view all their deals.
Browse Fort Lauderdale retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93