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80 Southwest 84th Avenue, F...

Jon Samuel Acquires Retail Property In Fort Lauderdale For $3.85M
SOLDRetail

Jon Samuel Acquires Retail Property In Fort Lauderdale For $3.85M

80 Southwest 84th Avenue, Fort Lauderdale, Florida 33324, United States

$3,850,000

$428/SF

Building Size

8,989 SF

Asset Type

Retail

Closing

Apr 26, 2022

AI

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.

Players

Kenneth Golen

Seller

$9.6M

vol

3 deals

Seller

Plantation 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

4.12%

Cash-on-Cash

-1.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93