Paulino Espinel Acquires Retail Property In Deerfield Beach For $2.9M With Broker Representation By Matthews
SOLD
$2,900,000
+ 1
Florida
See Similar DealsRetail8,376 SF
Sold 09/16/2025
SOLD
Paulino Espinel Acquires Retail Property In Deerfield Beach For $2.9M With Broker Representation By Matthews
2305 West Hillsboro Boulevard
See Similar DealsRetail8,376 SF
Sold 09/16/2025
+ 1
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$346
Total Square Footage:8,376 SF
Transaction Type:Sale
The property asset involved in this transaction is a retail space located at 2305 West Hillsboro Boulevard in the Deerfield Beach market. The sale price for this asset was $2,900,000, encompassing a total square footage of 8,376, which equates to a price per square foot of $346.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,900,000
- Address: 2305 West Hillsboro Boulevard
- Market: Deerfield Beach
- Square Footage: 8,376
- Price Per Square Foot: $346
- Buyer: Paulino Espinel
- Seller: Fauzia Jaffer
- Brokers: Alexander Machado, Daniel Gonzalez, Rob Goldberg & Ben Snyder - Matthews
The deal included key figures such as buyer Paulino Espinel and seller Fauzia Jaffer, with representation by brokers Alexander Machado, Daniel Gonzalez, Rob Goldberg, and Ben Snyder from Matthews, facilitating the transaction.
Players
BROKERAGE
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$154,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,303.08
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,747.48
Annual Debt Service$164,969.75
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