Updated Oct 29, 2024
Andrew Dumke – CloudBreak Capital Acquires SFR In Fort Lauderdale For $7.3M
2501 Delmar Pl, Fort Lauderdale, Fl 33301, Usa
$7,300,000
$89/SF
Building Size
81,200 SF
Asset Type
Single Family Residence
Closing
Oct 18, 2020
About this deal
AI
A single-family residential property located at 2501 Delmar Place in Fort Lauderdale has recently sold for $7,300,000. The property spans across 8,120 square feet, resulting in a price per square foot of $899.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $7,300,000
- Address: 2501 Delmar Place
- Market: Fort Lauderdale
The buyer of the property is Andrew Dumke, representing CloudBreak Capital. The seller of the property is Mike Napoli. Jonathan Postma, from Coldwell Banker, acted as the buyer's representative, while Kim Hackett, from Compass, represented the seller.
Players
Fort Lauderdale Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.17%
Cash-on-Cash
-0.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93