facebook
Traded Co logo
Submit

Vera Realty Sells Retail Property At 801 Federal Highway Dania Beach For $2.9M

Property Image
SOLD
$2,900,000

Florida

See Similar Deals
Retail11,146 SF
Sold 12/25/2024
the dealplayerscompscontact
Property Image
SOLD

Vera Realty Sells Retail Property At 801 Federal Highway Dania Beach For $2.9M

801 Federal Highway

See Similar Deals
Retail11,146 SF
Sold 12/25/2024
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$260
Total Square Footage:11,146 SF
Transaction Type:Sale

The property asset sold is located at 801 Federal Highway in Dania Beach, characterized as a retail space. The sale was completed for $2,900,000, encompassing an area of 11,146 square feet, which equates to a price per square foot of $260.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,900,000
  • Address: 801 Federal Highway
  • Market: Dania Beach
  • Square Footage: 11,146
  • Price per Square Foot: $260
  • Seller: Vera Realty
  • Broker: Nick Polyushkin - Vera Realty

Nick Polyushkin represented Vera Realtyin this transaction, facilitating the sale of the property. The property boasts a strategic location right on the US-1 highway, which serves as a key transportation route connecting major coastal cities from Miami to West Palm Beach, including Hollywood and Fort Lauderdale.

Players

Nick Polyushkin
Vera Realty
Nick Polyushkin
5 deals$31.9M volume
BROKER

Details

SOLD
IMAGE: Nick Polyushkin DATE: 12/25/2024 ADDRESS: 801 Federal Highway MARKET: Dania Beach ASSET TYPE: Retail SELLER: Vera Realty BROKER: Nick Polyushkin (@NickProrealty) - Vera Realty (@Vera.fund) SALE PRICE: $2,900,000 SF: 11 146 ~ PPSF: $260 NOTE FROM BROKER: The property is uniquely located right on the US-1 highway that connects all coastal cities from Miami to West palm Beach, including Hollywood and Fort Lauderdale. US-1 is one of the main transport arteries in South Florida ranking 2nd right after the interstate i-95 highway.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$154,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$10,303.08
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,747.48
Annual Debt Service$164,969.75