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101 South Fort Lauderdale B...

Updated Dec 20, 2023

Jodi R Mcmahon & Timothy K Mcmahon Acquire Condo In Fort Lauderdale From Peter Harris For $3,999,995
SOLD

Jodi R Mcmahon & Timothy K Mcmahon Acquire Condo In Fort Lauderdale From Peter Harris For $3,999,995

101 South Fort Lauderdale Beach Boulevard, Fort Lauderdale, Florida 33304, United States

$3,999,995

Building Size

Asset Type

Closing

Jun 28, 2022

About this deal

AI

Located at 101 S Fort Lauderdale Beach Blvd in Fort Lauderdale, FL, this condominium was recently sold in a closed property transaction. The property features a prime beachfront location, offering stunning views of the ocean. The sale took place on June 29, 2022.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $3,999,995
  • Address: 101 S Fort Lauderdale Beach Blvd, Fort Lauderdale, FL

Jodi R Mcmahon & Timothy K Mcmahon acquired the property from Peter Harris. They acted as the buyers in this transaction. The deal was facilitated by their representative, Peter Harris's agent. The sale of this condominium marks an important milestone for both the buyers and the seller.

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

3.97%

Cash-on-Cash

-1.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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