Beltran Santiago Acquires Retail Property In Palm Harbor For $3.28M
33830 US-19 Hudson, FL 34667, USA
$3,280,000
$526/SF
Building Size
6,234 SF
Asset Type
Retail
Closing
Aug 30, 2023
AI
A retail property located at 33830 Us Route 19 in Palm Harbor has recently been sold for a price of $3,280,000. The property measures approximately 6,234 square feet, resulting in a price per square foot of $526. The transaction was facilitated by Daniel Gonzalez and Connor Knauer from Matthews Real Estate Investment Services, serving as brokers on behalf of the buyer, Beltran Santiago, and the seller, John Keporos.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,280,000
- Square Footage: 6,234
- Price Per Square Foot: $526
- Address: 33830 Us Route 19, Palm Harbor
- Market: Palm Harbor
- Buyer: Beltran Santiago
- Seller: John Keporos
- Brokers: Daniel Gonzalez & Connor Knauer - Matthews Real Estate Investment Services
Beltran Santiago successfully acquired the retail property at 33830 Us Route 19 in Palm Harbor through the assistance of Daniel Gonzalez and Connor Knauer from Matthews Real Estate Investment Services. John Keporos acted as the seller in this transaction. The property, spanning 6,234 square feet, was sold for a total amount of $3,280,000. This deal reflects the active presence of brokers in the real estate market in Palm Harbor and highlights the collaboration between buyers, sellers, and brokerage firms in facilitating such transactions.
Players
Market 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
4.84%
Cash-on-Cash
-1.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93