facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Retail

/

Sale

/

2354 Surfside Boulevard

Trifon Houvardas Acquires Retail Property In Cape Coral For $12.3M With Daniel Gonzalez As Buyer's Representative
SOLDRetail

Trifon Houvardas Acquires Retail Property In Cape Coral For $12.3M With Daniel Gonzalez As Buyer's Representative

2354 Surfside Boulevard

$12,150,000

$103/SF

Building Size

117,566 SF

Asset Type

Retail

Closing

Jun 3, 2026

AI

The asset involved in this transaction is a retail property located at 2354 Surfside Boulevard in the Cape Coral market. The sale was completed for a price of $12,300,000. The property encompasses a total area of 117,566 square feet, which equates to a price per square foot of $105.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $12,300,000
  • Address: 2354 Surfside Boulevard
  • Market: Cape Coral
  • Square Footage: 117,566
  • Price per Square Foot: $105
  • Buyer: Trifon Houvardas
  • Seller: Antonio Brown
  • Buyer's Representatives: Daniel Gonzalez - Matthews; Trifon Houvardas - Foresight Property Services
  • Seller's Representatives: Matt Fredrickson & Doug Olsen - Trinity Commercial Group
Key individuals in this transaction include buyer Trifon Houvardas, who also represents himself through Foresight Property Services, and seller Antonio Brown. The selling process involved representation from Matt Fredrickson and Doug Olsen, both affiliated with Trinity Commercial Group, ensuring professional brokerage support throughout the transaction.

Players

Daniel Gonzalez

Matthews

Broker

$121M

vol

17 deals

Broker
Trinity Commercial Group
Trinity Commercial GroupBrokerage
Trifon Houvardas

Trifon Houvardas

Buyer

$39.4M

vol

4 deals

Buyer

Cape Coral Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.31%

Cash-on-Cash

-0.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93