Michael Saba And Michael Saba Jr Acquire Retail Property From Hinda Bramnick And Phyllis Robinson For $3.95M
708 Federal Highway
$3,950,000
$294/SF
Building Size
13,396 SF
Asset Type
Retail
Closing
Dec 18, 2025
AI
The asset involved in this transaction is a retail property located at 708 Federal Highway in Deerfield Beach. The sale price for this property was $3,950,000, with a total square footage of 13,396, resulting in a price per square foot of $294.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,950,000
- Address: 708 Federal Highway
- Market: Deerfield Beach
- Square Footage: 13,396
- Price Per Square Foot: $294
- Buyer: Michael Saba & Michael Saba Jr
- Seller: Hinda Bramnick & Phyllis Robinson - Deerfield Centre
- Broker: Mark Faeth - LRM CREA
This transaction included buyers Michael Saba and Michael Saba Jr., who acquired the property from sellers Hinda Bramnick and Phyllis Robinson, representing Deerfield Centre. The deal was facilitated by broker Mark Faeth from LRM CREA.
Players
Deerfield Beach Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.02%
Cash-on-Cash
-1.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93