SOLDRetail
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
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.
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