Michael Berolzheimer Of Bee Capital LLC Purchases Retail Building In Fort Lauderdale For $3.45M
808 West Broward Boulevard
$3,450,000
$377/SF
Building Size
9,150 SF
Asset Type
Retail
Closing
Nov 19, 2024
About this deal
AI
A retail building located at 808 West Broward Boulevard in Fort Lauderdale was sold for $3,450,000. The building encompasses a total area of 9,150 square feet, resulting in a price per square foot of $377.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,450,000
- Address: 808 West Broward Boulevard
- Market: Fort Lauderdale
- Seller: Lisa Schettino - Camp Canine Fort Lauderdale LLC
- Buyer: Michael Berolzheimer - Bee Capital LLC
- Brokers: Jaime Sturgis & Kaley Tuning - Native Realty
Kaley Tuning, serving as COO of Native Realty, represented the seller, while Jaime Sturgis, CEO of Native Realty, represented the buyer in this transaction.
On the Map
$3,450,000
$377/SF
Retail
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Players
Fort Lauderdale 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
4.60%
Cash-on-Cash
-1.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93