HOLLYWOOD

APARTMENTS SELL

FOR $425,000

Location: 2019 Plunkett St.

Seller: Junction Investments, represented by Jocelyn Trepanier, president.

Buyer: Ocean Palms of Hollywood, represented by Sebastian Pappalettera, manager.

Price: $425,000 or $89.83 per square foot based on 4,731 square feet of building area, or $47,222 per unit based on nine units, or $26.14 per square foot based on 16,260 S.F. of total land area.

Total Assessed Value (2009): $434,520 or $91.85 per square foot of building area, or $48,280 per unit, or $26.72 per square foot of total land area.

Financing: No financing reported.

The apartment building was built in 1949 and is situated on .37 acre. A prior sale reported was in July 1997 for $265,000.

POMPANO BEACH

WAREHOUSE SELLS

FOR $285,000

Location: 1554 SW 13th Ct.

Seller: Best Floridian Roofing, represented by Remus Savu, president.

Buyer: Nebular Stardust Enterprises, represented by Clinton Howe, manager.

Price: $285,000 or $105.17 per square foot based on 2,710 square feet of building area, or $110.64 per square foot based on 2,576 square feet of total land area.

Total Assessed Value (2009): $321,450 or $118.62 per square foot of building area, or $124.79 per square foot of total land area.

Financing: No financing reported.

The warehouse was built in 2007 and is situated on .06 acre. A prior sale reported was in January 2007 for $431,200.

HOLLYWOOD

OFFICES ACQUIRED

FOR $2,178,933

Location: 2057 Coolidge St.

Seller: The Starting Place, represented by Nancy L. Merolla, chief executive.

Buyer: 2057 Coolidge Associates, LLC, represented by Gregory S. Covin, managing member.

Price: $2,178,933 or $143.12 per square foot based on 15,224 square feet of building area, or $184.78 per square foot based on 11,792 square feet of total land area.

Total Assessed Value (2009): $602,020 or $39.54 per square foot of building area, or $51.05 per square foot of total land area.

Financing: $3.28 million provided by Community Bank of Broward.

The office building was built in 1962 and is situated on .27 acre. A prior sale reported was in July 1982 for $165,000.

MIAMI

APARTMENTS SELL

FOR $700,000

Location: 1250 NW 62nd St.

Seller: CRP Properties, represented by Robert D. George, vice president.

Buyer: Miami Beverly, represented by Abe Vaknin, manager.

Price: $700,000 or $21.90 per square foot based on 31,961 square feet of building area, or $10,145 per unit based on 69 units, or $20.53 per square foot based on 34,100 square feet of total land area.

Total Assessed Value (2009): $1,489,874 or $46.62 per square foot of building area, or $21,592 per unit, or $43.69 per square foot of total land area.

Financing: No financing reported.

The apartment buildings were built in 1957, 1958 and 1959 and are situated on .78 acre. No prior sales reported.

DORAL

WAREHOUSE SELLS

FOR $1,025,000

Location: 10871 NW 33rd St.

Seller: A DE Q Holdings, represented by Alejandro De Quesada, president.

Buyer: Xtender Investments, represented by Antonio Di Mariana, managing member.

Price: $1,025,000 or $128.22 per square foot based on 7,994 square feet of building area, or $52.56 per square foot based on 19,500 square feet of total land area.

Total Assessed Value (2009): $1,012,036 or $126.60 per square foot of building area, or $51.90 per square foot of total land area.

Financing: No financing reported.

The warehouse was built in 1996 and is situated on .45 acre. A prior sale reported was in February 2006 for $812,500.

Michael Y. Cannon is managing director of Integra Realty Resources., AREEA/South Florida, a Miami firm that is part of a national group that focuses on real estate valuation, consulting and market analysis. For more information about AREEA: www.irr.com.

Join the discussion

The Miami Herald is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere in the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. In order to post comments, you must be a registered user of MiamiHerald.com. Your username will show along with the comments you post. Thank you for taking the time to offer your thoughts.

     Showing: Oldest first Newest first Most-recommended first Least-recommended first

@Nyx.AuthorDisplayName@ wrote on @Nyx.PostedAtTime@:

@Nyx.repliedToText@

@Nyx.replyAnswerText@

Reply to this Comment @Nyx.Recommender@ @Nyx.AbuseReporter@