Sam Judd Acquires Retail Property On N Flagler Dr In Fort Lauderdale For $8.25M
924 North Flagler Drive, Fort Lauderdale, Florida 33304, United States
$8,250,000
$533/SF
Building Size
15,456 SF
Asset Type
Retail
Closing
Nov 10, 2022
About this deal
AI
The retail property located at 900-924 N Flagler Dr in Fort Lauderdale, FL has been sold in a transaction.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $8,250,000
- Square Footage: 15,456
- Price Per Square Foot: $533
- Address: 900-924 N Flagler Dr, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
Sam Judd has purchased the property from Scott Sherman & Benjamin Mandell.
The retail sale at 924 North Flagler Drive, Fort Lauderdale, Florida 33304, United States in Fort Lauderdale, Florida sold for $8.3M in 2022. The building is 15,456 square feet, implying about 533 per square foot on the published price. Named participants on the 924 North Flagler Drive, Fort Lauderdale, Florida 33304, United States sale are Sam Judd, Scott Sherman. This page is the Fort Lauderdale, Florida file for the 924 North Flagler Drive, Fort Lauderdale, Florida 33304, United States retail sold: pricing, party profiles, and other closed retail comps from the same Fort Lauderdale sit in the Market section below. Filter that Fort Lauderdale retail set by closing date to see what else sold near 924 North Flagler Drive, Fort Lauderdale, Florida 33304, United States around 2022. Published consideration for 924 North Flagler Drive, Fort Lauderdale, Florida 33304, United States is $8.3M, dated 2022. Cite this Sam Judd Acquires Retail Property On N Flagler Dr In Fort Lauderdale For $8.25M sale when underwriting similar retail product around Fort Lauderdale, Florida.
On the Map
$8,250,000
$533/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
1.92%
Cash-on-Cash
-0.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93