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10622 SW 53rd St, Fort Laud...

Sam Schwartz & Susan Schwartz Acquire Vacant Residential Property In Fort Lauderdale For $3.1M
SOLD

Sam Schwartz & Susan Schwartz Acquire Vacant Residential Property In Fort Lauderdale For $3.1M

10622 SW 53rd St, Fort Lauderdale, Florida, USA

$3,148,000

$889/SF

Building Size

3,540 SF

Asset Type

Closing

Nov 17, 2021

AI

The vacant residential property located at 10622 SW 53rd St in Fort Lauderdale, FL was sold on November 18, 2021. The property has a total square footage of 3,540, resulting in a price per square foot of $889. The transaction took place between the buyers, Sam Schwartz and Susan Schwartz, and the seller, Royal Estates Of Cooper City LLC. The sale price for the property was $3,148,000.

Summary of transaction details:

  • Property Type: Vacant Residential
  • Transaction Amount: $3,148,000
  • Square Footage: 3,540
  • Price Per Square Foot: $889
  • Buyer: Sam Schwartz; Susan Schwartz
  • Seller: Royal Estates Of Cooper City LLC
  • Market: Fort Lauderdale, FL

This transaction involved Sam Schwartz and Susan Schwartz as the buyers and Royal Estates Of Cooper City LLC as the seller. The property is located in Fort Lauderdale, FL. This successful sale reflects the ongoing activity and demand in the real estate market in the area.

Players

Susan Schwartz

Buyer

$5.3M

vol

2 deals

Buyer

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

5.04%

Cash-on-Cash

-1.44%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93