Updated Sep 9, 2024
Philip Solomon Sells Vacant Lot On Holiday Drive In Hallandale Beach To Berkshire Hathaway HomeServices For $2.69M
319 Holiday Dr Hallandale Beach, FL 33009, USA
$2,690,000
$211/SF
Building Size
12,750 SF
Asset Type
Single Family Residence
Closing
Jun 15, 2023
About this deal
AI
A single-family residential (SFR) vacant lot located at 319 Holiday Drive in Hallandale Beach has been sold for $2,690,000. The lot spans a total area of 12,750 square feet, resulting in a price per square foot (PPSF) of $211.
Summary of transaction details
- Property Type: SFR (Vacant Lot)
- Transaction Amount: $2,690,000
- Address: 319 Holiday Drive, Hallandale Beach
- Market: Hallandale Beach
The seller of the property is Philip Solomon. The deal was facilitated by Scott Patterson from Berkshire Hathaway HomeServices.
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $211 per square foot on a published $2.7M for 12,750 square feet (2023).
Visit Scott Patterson to view all their deals.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.90%
Cash-on-Cash
-1.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93