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Real estate listings from Michael Y. Cannon

TAMARAC

OFFICE BUILDING

SELLS FOR $765,000

Location: 6208 NW 57th St.

Seller: DH Professional Center, represented by Desiree D. Hoffman, president and secretary.

Buyer: U.S. Alliance Management, represented by Bey Sedagat, president.

Price: $765,000 or $100.08 per square foot based on 7,644 square feet of building area, or $26.11 per square foot based on 29,300 square feet of total land area.

Total Assessed Value (2009): $804,900 or $105.30 per square foot of building area, or $27.47 per square foot of total land area.

Financing: $535,500 provided by Bank of America.

The office building was built in 1975 and is situated on .67 acre. Previous sales reported were in April 2004 for $675,000 and in November 1994 for $230,000.

DANIA BEACH

RESTAURANT SELLS

FOR $1.6 MILLION

Location: 1800 Stirling Rd.

Seller: 1800 Stirling Road, LLC, represented by Jon Greenwell, manager.

Buyer: BK Sterling Investment, represented by Jorge Lerman, manager.

Price: $1.6 million or $474.78 per square foot based on 3,370 square feet of building area, or $40.83 per square foot based on 39,187 square feet of total land area.

Total Assessed Value (2009): $1,252,020 or $371.52 per square foot of building area, or $31.95 per square foot of total land area.

Financing: No financing reported.

The restaurant building was built in 1986 and is situated on .9 acre. Previous sales reported were in June 2004 for $1.35 million and in October 1993 for $720,000.

POMPANO BEACH

APARTMENT BUILDING

SELLS FOR $517,000

Location: 2005 NW 9th St.

Seller: Rosemary Alter

Buyer: Pompano Beach Community Redevelopment Agency, represented by Kim Briesemeister, director.

Price: $517,000 or $136.99 per square foot based on 3,774 square feet of building area, or $36,929 per unit based on 14 units, or $84.75 per square foot based on 6,100 square feet of total land area.

Total Assessed Value (2009): $328,980 or $87.17 per square foot of building area, or $23,499 per unit; or $53.93 per square foot of total land area.

Financing: No financing reported.

The apartment building was built in 1934 and is situated on .14 acre. Previous sales reported were in April 2008 for $510,000, September 2004 for $317,100 and May 2003 for $310,000.

DAVIE

OFFICES ACQUIRED

FOR $2,675,000

Location: 4765 SW 148th Ave.

Seller: PRII Regency Square Offices, by Regency Square Offices, member, represented by Gerald M. Higier, manager.

Buyer: ADH, LLC, represented by Anthony Hall, manager.

Price: $2,675,000 or $204.37 per square foot based on 13,089 square of building area, or $403.96 per square foot based on 6,622 square feet of total land area.

Total Assessed Value (2009): $1,210,870 or $92.51 per square foot of building area, or $182.86 per square foot of total land area.

Financing: $1,706,250 provided by Suntrust Bank.

The office building was built in 2009 and is situated on .15 acre. No prior sales were reported.

MIAMI GARDENS

SERVICE STATION

SELLS FOR $2.456M

Location: 19760 NW 2nd Ave.

Seller: 441 Ives Dairy, LLC., represented by Hector R. Vinas, managing member.

Buyer: Ives Dairy Road Service Station, by Urbieta Management Investments, manager, represented by Ignacio Urbieta, Jr., director.

Price: $2,456,000 or $220.61 per square foot based on 11,133 square feet of building area, or $31.67 per square foot based on 77,548 square feet of total land area.

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