Alfredo Patrone Acquires Retail Property In Fort Lauderdale MSA For $5.38M With Brokers Alejandro Snyder & Michael B. Williams
4529 West Hillsboro Boulevard
$5,383,000
$371/SF
Building Size
14,478 SF
Asset Type
Retail
Closing
Jan 6, 2026
AI
The retail property located at 4529 West Hillsboro Boulevard in the Fort Lauderdale MSA has been sold for $5,383,000. The asset spans 14,478 square feet, resulting in a price per square foot of $371.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,383,000
- Address: 4529 West Hillsboro Boulevard
- Market: Fort Lauderdale MSA
- Square Footage: 14,478
- Price Per Square Foot: $371
- Buyer: Alfredo Patrone
- Brokers: Alejandro Snyder & Michael B. Williams - Current Real Estate Advisors
The transaction involved Alfredo Patrone as the buyer, with Alejandro Snyder and Michael B. Williams representing the deal as brokers affiliated with Current Real Estate Advisors.
Players
Coconut Creek 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
2.95%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93