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David Nobel Purchases Retail Property At 8033 Normandy Boulevard From Aaron Baum For $2.3M

Property Image
SOLD
$2,300,000
Grant Steinberg
Aaron Baum
+ 1

Florida

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Retail2,952 SF
Sold 02/20/2026
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Property Image
SOLD

David Nobel Purchases Retail Property At 8033 Normandy Boulevard From Aaron Baum For $2.3M

8033 Normandy Boulevard

See Similar Deals
Retail2,952 SF
Sold 02/20/2026
Grant Steinberg
Aaron Baum
+ 1
Contact now

Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$779
Total Square Footage:2,952 SF
Transaction Type:Sale

The property involved in this transaction is a retail asset located at 8033 Normandy Boulevard in Jacksonville. It has a total square footage of 2,952 and was sold for a price of $2,300,000, which results in a price per square foot of $779.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,300,000
  • Address: 8033 Normandy Boulevard
  • Market: Jacksonville
  • Square Footage: 2,952
  • Price per Square Foot: $779
  • Buyer: David Nobel
  • Seller: Aaron Baum
  • Brokers: Grant Steinberg, Rob Goldberg, & Aidan Hernandez - Matthews

The key individuals involved in this transaction include the buyer, David Nobel, and the seller, Aaron Baum. The brokers facilitating the transaction are Grant Steinberg, Rob Goldberg, and Aidan Hernandez, representing the involved parties through Matthews.

Players

Rob Goldberg
25 deals$107.3M volume(216) 470-1464
BROKER

Grant Steinberg
Matthews
15 deals$60.9M volume(561) 282-6246
BROKER

Aidan Hernandez
Matthews
2 deals$7.7M volume
BROKER

Aaron Baum
3 deals$7.4M volume
SELLER

Details

SOLD
IMAGE: Aidan Hernandez, Grant Steinberg & Rob Goldberg DATE: 02/20/2026 ADDRESS: 8033 Normandy Boulevard MARKET: Jacksonville ASSET TYPE: Retail BUYER: David Nobel SELLER: Aaron Baum BROKERS: Grant Steinberg (@GrantSteinberg__), Rob Goldberg (@Rob__Goldberg) & Aidan Hernandez (@Aidan_Hernandez22) - Matthews (@Matthews_CRE) SALE PRICE: $2,300,000 SF: 2,952 ~ PPSF: $779

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$122,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,171.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,903.17
Annual Debt Service$130,838.08