Steve & Tracy Abrams Acquire Condo On 100 E Las Olas Blvd, Fort Lauderdale For $2.169M
100 East Las Olas Boulevard, Fort Lauderdale, Florida 33301, United States
$3,675,000
$1,239/SF
Building Size
2,964 SF
Asset Type
—
Closing
Feb 2, 2022
About this deal
AI
The condominium located at 100 E Las Olas Blvd in Fort Lauderdale was recently sold for $2,169,000. This spacious property spans 2,964 square feet, translating to a price per square foot of $732. The sale took place on April 15, 2022, with the transaction involving Steve and Tracy Abrams as the buyers and Glen Shields as the seller.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,169,000
- Square Footage: 2,964
- Price Per Square Foot: $732
- Address: 100 E Las Olas Blvd, Fort Lauderdale
Jennifer Ginsburg from Freebird Real Estate represented Steve and Tracy Abrams as their buyer's representative, while Chris Toome from Keller Williams Realty served as Glen Shields' seller's representative in this deal.
Players
Fort Lauderdale CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.32%
Cash-on-Cash
-1.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93