Paulino Espinel Acquires Retail Property In Deerfield Beach For $2.9M With Broker Representation By Matthews
2305 West Hillsboro Boulevard
$2,900,000
$346/SF
Building Size
8,376 SF
Asset Type
Retail
Closing
Sep 16, 2025
About this deal
AI
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.
On the Map
$2,900,000
$346/SF
Retail
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Players
Deerfield Beach 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
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93