Mario Smuglovsky Purchases Retail Asset At 3920 West Prospect Road For $3,040,000
3920 West Prospect Road
$3,040,000
$445/SF
Building Size
6,825 SF
Asset Type
Retail
Closing
Oct 15, 2026
About this deal
AI
The property asset involved in this transaction is a retail space located at 3920 West Prospect Road, situated in the Fort Lauderdale market. The sale price for this asset was $3,040,000, and it encompasses a total square footage of 6,825. The price per square foot amounts to $445.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $3,040,000
- Square Footage: 6,825
- Price Per Square Foot: $445
- Buyer: Mario Smuglovsky
- Seller: Daniel Abreu
- Brokers: Jonathan De La Rosa & Matthew Albregts - Marcus & Millichap
- Date of Transaction: 10/15/2026
This transaction featured Mario Smuglovsky as the buyer and Daniel Abreu as the seller. The brokerage representatives for this deal were Jonathan De La Rosa and Matthew Albregts from Marcus & Millichap, ensuring a successful negotiation and closure of the transaction.
On the Map
$3,040,000
$445/SF
Retail
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Players
Fort Lauderdale 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
5.22%
Cash-on-Cash
-1.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93