Jon Samuel Acquires Retail Property In Fort Lauderdale For $3.85M
SOLD
Florida
See Similar DealsRetail8,989 SF
Sold 04/27/2022
SOLD
Jon Samuel Acquires Retail Property In Fort Lauderdale For $3.85M
80 Southwest 84th Avenue, Fort Lauderdale, Florida 33324, United States
See Similar DealsRetail8,989 SF
Sold 04/27/2022
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$428
Total Square Footage:8,989 SF
Transaction Type:Sale
The retail property located at 80 SW 84th Ave in Fort Lauderdale, FL has been sold for $3,850,000. The property spans 8,989 square feet, resulting in a price per square foot of $428.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,850,000
- Address: 80 SW 84th Ave, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
- Square Footage: 8,989
- Price per Square Foot: $428
Jon Samuel has purchased the property from Kenneth Golen and Sharon Glick.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$205,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,678.25
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,250.96
Annual Debt Service$219,011.57
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