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2305 West Hillsboro Boulevard

Paulino Espinel Acquires Retail Property In Deerfield Beach For $2.9M With Broker Representation By Matthews
SOLDRetail

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

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:

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

Ben Snyder

Matthews

Broker

$118.1M

vol

11 deals

Broker
Matthews
Matthews Brokerage

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