Philip Solomon Sells Vacant Lot On Holiday Drive In Hallandale Beach To Berkshire Hathaway HomeServices For $2.69M
SOLD
$2,690,000
Florida
See Similar DealsSingle Family Residence12,750 SF
Sold 06/15/2023
SOLD
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
See Similar DealsSingle Family Residence12,750 SF
Sold 06/15/2023
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$211
Total Square Footage:12,750 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$143,466.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,556.99
Cash-on-Cash Return-1.27%
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