Jeffrey W. Petro Acquires Retail Property From Dylan Buss In Deerfield Beach For $1.73M
378 South Powerline Road
$1,725,000
$399/SF
Building Size
4,320 SF
Asset Type
Retail
Closing
Sep 15, 2025
AI
A retail property located at 372–378 South Powerline Road, Deerfield Beach, was sold for $1,725,000. The asset comprises 4,320 square feet and is situated on a 0.1-acre lot.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $1,725,000
- Square Footage: 4,320
- Price per Square Foot: $399
- Buyer: Jeffrey W. Petro
- Seller: Dylan Buss
- Brokers: Dan Ross & Jaime Sturgis - Native Realty
- Market: Deerfield Beach
- Asset Acquisition Year by Seller: 2019
- Seller's Acquisition Price: $900,000
The transaction was facilitated by brokers Dan Ross and Jaime Sturgis from Native Realty, representing the buyer, Jeffrey W. Petro, in the acquisition of the retail property from seller Dylan Buss.
Players
Deerfield Beach 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
9.20%
Cash-on-Cash
-2.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93