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3542 North Federal Highway

Howard Dvorkin Acquires Retail Showroom In Fort Lauderdale For $1,960,000 With Adriano Salucci As The Broker
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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.

Players

Adriano Salucci

APEX Capital Realty

Broker

$121.6M

vol

29 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

8.09%

Cash-on-Cash

-2.31%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93