Michelle Donato Acquires Retail Property On Weston Rd, Fort Lauderdale For $3.275M
2629 Weston Rd, Fort Lauderdale, Florida, USA
$3,275,000
$524/SF
Building Size
6,239 SF
Asset Type
Retail
Closing
Oct 3, 2021
About this deal
AI
The retail property located at 2629 Weston Rd in Fort Lauderdale, FL has been sold for a total price of $3,275,000. The property spans across 6,239 square feet with a price per square foot of $525.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,275,000
- Address: 2629 Weston Rd, Fort Lauderdale, FL
- Size: 6,239 square feet
- Price per Square Foot: $525
Michelle Donato has acted as the buyer in this transaction. The seller was Charles J & Jeanette Bonfiflio Family Limited Partnership III.
Players
Weston 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
4.84%
Cash-on-Cash
-1.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93