Lowercase Law Firm Acquires Retail Property In Wilton Manors For $1.175M With Financing From Grove Bank & Trust
2808 North Dixie Highway
$1,175,000
Building Size
—
Asset Type
Retail
Closing
Mar 28, 2025
About this deal
AI
A retail property located at 2808 & 2816 North Dixie Highway in Wilton Manors recently sold for $1,175,000. The asset spans a total of 5,010 square feet and is situated on a 0.27-acre lot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,175,000
- Buyer: Lowercase Law Firm
- Seller: Jonathan Katcher
- Broker Representatives: Adam Docktor & Jaime Sturgis - Native Realty
- Lender: Grove Bank & Trust
- Price per Square Foot: $235
Jaime Sturgis represented Lowercase Law Firm in the acquisition, while Adam Docktor represented the seller, Jonathan Katcher, who previously obtained ownership through foreclosure.
On the Map
$1,175,000
Retail
View full map
Players
Wilton Manors Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Browse Wilton Manors retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.50%
Cash-on-Cash
-3.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93