MIAMI-DADE
INDUSTRIAL PROPERTY SOLD FOR $1.9M
Location: 2090 NW 13th Ave.
Seller: Wes Investments of Hillsborough, represented by Tony K. Leung, president/manager.
Buyer: USA Beauty Care, represented by Kyung A. Chung, president.
Price: $1.9 million or $179.13 per square foot, on 10,607 square feet of building, or $68.57 per square foot, on 27,708 square feet of land.
Total assessed value (2007): $1,049,987 or $98.99 per square foot of building or $37.89 per square foot of land.
Financing: $1,275,000 provided by USA Beauty Care.
The one-story industrial building was constructed in 1966 on 0.64 acre. Previously reported sales were in October 1995 for $700,000 and in April 1988 for $370,000.
POMPANO BEACH
WAREHOUSE SOLD FOR OVER $3.4M
Location: 2303 W. McNab Rd.
Seller: McNab Road Warehouse #2, represented by Terence Rundle, general partner.
Buyer: Eire McNab, represented by Mark D. Spillane, manager.
Price: $3,442,500 or $81.04 per square foot, on 42,481 square feet of building, or $36.74 per square foot, on 93,704 square feet of land.
Total assessed value (2007): $1,977,700 or $46.55 per square foot of building or $21.11 per square foot of land.
Financing: $2.75 million provided by Bank of Florida -- Southeast.
The warehouse was built in 1976 on 2.15 acres. Previously reported sales were in June 1993 for $730,000 and in January 1981 for $750,000.
FORT LAUDERDALE
OFFICE BUILDING SOLD FOR $9.7M
Location: 5601 NW Powerline Rd.
Seller: 5601 Powerline Center, represented by Jamie Danburg, president.
Buyer: Rising Tide Development, represented by Todd C. Amsdell, manager.
Price: $9.7 million or $113.93 per square foot, on 85,143 square feet of building, or $37.07 per square foot, on 261,687 square feet of land.
Total assessed value (2007): $7,766,850 or $91.22 per square foot of building or $29.68 per square foot of land.
Financing: $8,177,000 provided by Huntington National Bank.
The one-story office building was constructed in 1986 on 6.01 acres. Previously reported sales were in September 2000 for $5.3 million and in July 1986 for $6.6 million.
DEERFIELD BEACH
WAREHOUSE SOLD FOR $1.8M
Location: 98 SE Seventh St.
Seller: Blue Water Land Co., represented by Jim Manierre, managing member.
Buyer: D & N LLC, represented by Patrick Keane and Eithne Keane, managing members.
Price: $1.8 million or $110.43 per square foot, on 16,300 square feet of building, or $30.43 per square foot, on 59,143 square feet of land.
Total assessed value (2007): $1,613,250 or $98.97 per square foot of building or $27.28 per square foot of land.
Financing: $1.44 million provided by BankUnited.
The one-story warehouse was built in 1982 on 1.36 acres. Previously reported sales were in October 2001 for $1.2 million and in May 1998 for $575,000.
FLORIDA CITY
INDUSTRIAL BUILDING SOLD FOR $5.65M
Location: 900 N. Krome Ave.
Seller: Florida City Vest, represented by Stanley R. Bullington, manager.
Buyer: Rising Tide Krome, represented by Todd Amsdell, manager.
Price: $5.65 million or $92.46 per square foot, on 61,109 square feet of building, or $30.30 per square foot, on 186,485 square feet of land.
Total assessed value (2007): $4,152,698 or $67.96 per square foot of building or $22.27 per square foot of land.
Financing: $4.2 million provided by various lenders.
The two-story industrial building was constructed in 2002 on 4.28 acres. A previously reported sale was in December 2003 for $4.1 million.
CORAL GABLES
RETAIL BUILDING SOLD FOR $1.17M
Location: 5574 SW Eighth St.
Seller: Kizmik Corp., represented by Leyla Masri, president.
Buyer: Verdi Dancewear, represented by Susana Verdeja, director.
Price: $1.17 million or $180.19 per square foot, on 6,493 square feet of building, or $132.46 per square foot, on 8,833 square feet of land.
Total assessed value (2007): $753,893 or $116.11 per square foot of building or $85.35 per square foot of land.
Financing: $995,000 provided by Regions Bank.
The retail building was constructed in 1946 on 0.2 acre. Previously reported sales were in February 2003 for $455,000 and in April 1999 for $275,000.
