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2980 North Federal Highway

Damian Najman Sells Retail Property At 2980 North Federal Highway Fort Lauderdale For $5.38M
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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

Rob Goldberg

Matthews

Broker

$107.3M

vol

25 deals

Broker

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