SOLD
Michael Daniel Acquires Hotel In Fort Lauderdale For $10M
3001 North Federal Highway
Hotel
102,000 SF
102,000 SF
Sold 1 year ago
Summary
Sale
FLORIDA
Hotel
102,000 sqft
The Hotel located at 3001 N. Federal Highway in Fort Lauderdale was sold on November 29, 2019. The property spans across a total square footage of 102,000 and consists of 105 units. The sale price for this transaction was $10,000,000, resulting in a price per square foot of $98 and a price per unit of $95,238.
Summary of transation details
- Property Type: Hotel
- Transaction Amount: $10,000,000
- Address: 3001 N. Federal Highway, Fort Lauderdale
- Market: Fort Lauderdale
The seller of this property was Soneet R. Kapila, while the buyer was Michael Daniel. The deal was facilitated by brokers Scott Havericak, Joseph P. Thomas, Robert S. Hunter, Adam G. Duncan, Aaron Connor, and Tyler B. Carbonelli from Marcus & Millichap.
Players
All
8
Agents
6
Agencies
2
Details
SOLD
IMAGE: Michael Daniel, Joseph P. Thomas, Robert S. Hunter & Adam G. Duncan
DATE: 11/29/2019
ADDRESS: 3001 N. Federal Highway
MARKET: Fort Lauderdale
ASSET TYPE: Hotel
SELLER: Soneet R. Kapila
BUYER: Michael Daniel
BROKERS: Scott Havericak, Joseph P. Thomas, Robert S. Hunter, Adam G. Duncan, Aaron Connor, Tyler B. Carbonelli - Marcus & Millichap
PRICE: $10,000,000
SF: 102,000 ~ PPSF: $98
UNITS: 105 ~ PPU: $95,238View on map
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Address3001 North Federal Highway
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