Alberto Kamhazi & Shlomo Kamhazi Acquire Fort Lauderdale Retail Property For $10.65M
8800 Springtree Lake Drive, Sunrise, Florida 33351, United States
$10,650,000
$3,045/SF
Building Size
3,497 SF
Asset Type
Retail
Closing
Jan 18, 2022
AI
The retail property located at 8800 Springtree Lakes Dr in Fort Lauderdale, FL has been sold. The transaction took place on January 19, 2022. The property spans approximately 3,497 square feet and was sold at a price of $10,650,000, resulting in a price per square foot of $3,045. The buyer of the property is Alberto Kamhazi & Shlomo Kamhazi, while the seller is Angela Dabakaroff.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $10,650,000
- Address: 8800 Springtree Lakes Dr, Fort Lauderdale, FL
Alberto Kamhazi & Shlomo Kamhazi served as the buyers in this transaction, while Angela Dabakaroff was the seller. The deal was concluded successfully, marking another significant transaction in the competitive Fort Lauderdale market.
Players
Sunrise 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
1.49%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93