Fortune International Realty Acquires Retail Property In Palm Harbor For $3.28M
33830 US-19 Hudson, FL 34667, USA
$3,280,000
$526/SF
Building Size
6,234 SF
Asset Type
Retail
Closing
Aug 22, 2023
About this deal
AI
A retail property located at 33830 Us Route 19 in Palm Harbor has been sold for a total price of $3,280,000. The property spans 5,750 square feet, resulting in a price per square foot of $570.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $3,280,000
- Square Footage: 5,750
- Price Per Square Foot: $570
- Address: 33830 Us Route 19, Palm Harbor
- Market: Palm Harbor
The sale was facilitated by Fabio Faerman and Sebastian Faerman, brokers from Fortune International Realty - FA Commercial. They played a vital role in ensuring the successful completion of the transaction.
Players
Market 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