Howard Dvorkin Acquires Retail Showroom In Fort Lauderdale For $1,960,000 With Adriano Salucci As The Broker
3542 North Federal Highway
$1,960,000
$335/SF
Building Size
5,849 SF
Asset Type
Retail
Closing
Apr 30, 2026
AI
The property involved in the transaction is located at 3542 North Federal Highway in Fort Lauderdale. It is categorized as retail space with a total square footage of 5,849. The property was sold for $1,960,000, with a price per square foot of $335.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,960,000
- Address: 3542 North Federal Highway
- Market: Fort Lauderdale
- Square Footage: 5,849
- Price per Square Foot: $335
- Buyer: Howard Dvorkin
- Seller: Nancy Janet Tabor
- Broker: Adriano Salucci - APEX Capital Realty
Apex Capital Realty represented both the buyer, Howard Dvorkin, and the seller, Nancy Janet Tabor, in this sale. Following the transaction, Apex has been retained by the buyer to assist in securing a new tenant. This dual representation exemplifies Apex’s comprehensive service in investment sales and tenant placement in South Florida.
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
8.09%
Cash-on-Cash
-2.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93