Damian Najman Sells Retail Property At 2980 North Federal Highway Fort Lauderdale For $5.38M
2980 North Federal Highway
$5,380,000
$711/SF
Building Size
7,565 SF
Asset Type
Retail
Closing
May 11, 2026
AI
The property asset involved in the transaction is a retail space located at 2980 North Federal Highway in Fort Lauderdale. This retail asset encompasses a total square footage of 7,565 square feet and was sold for a price of $5,380,000, which translates to a price per square foot of $711.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,380,000
- Address: 2980 North Federal Highway
- Market: Fort Lauderdale
- Square Footage: 7,565
- Price Per Square Foot: $711
- Seller: Damian Najman
- Broker Representatives: Grant Steinberg, Rob Goldberg & Aidan Hernandez - Matthews
Key individuals involved in the deal include the seller, Damian Najman, alongside the broker representatives from Matthews: Grant Steinberg, Rob Goldberg, and Aidan Hernandez, who facilitated the transaction process.
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
2.95%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93