Michael Y. Cannon Real Estate [South Florida]

Michael Y. Cannon Real Estate [South Florida]

RETAIL BUILDING SOLD FOR $4.1M

Location: 2000 Harrison St.

Seller: Levymint, represented by Jerry Mintz, president.

Buyer: Seattle Properties, represented by Pablo Rodriguez, manager/president.

Price: $4.1 million or $264.99 per square foot, based on 15,472 square feet of building area.

Total Assessed Value (2006): $1,408,890 or $91.06 per square foot of building area.

Financing: $3.075 million provided by Wachovia Bank.

The retail building is located within the Hollywood subdivision. Previous sales reported were in July 1997 for $360,000, in March 1987 for $155,000 and in June 1972 for $125,200.