Alicia Ramirez Acquires Hallandale Beach Condo On 1800 S Ocean Dr For $1.8M
1800 South Ocean Drive, Hallandale Beach, Florida 33009, United States
$1,800,000
$866/SF
Building Size
2,078 SF
Asset Type
—
Closing
Jun 8, 2022
AI
The property involved in this closed transaction is a condo located at 1800 S Ocean Dr, Apt 1004 in Hallandale Beach. The condo has a total square footage of 2,078 and was sold for $1,800,000, resulting in a price per square foot of $866.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,800,000
- Address: 1800 S Ocean Dr, Apt 1004, Hallandale Beach
- Market: Hallandale Beach
The buyer in this transaction is Alicia Ramirez, representing Sanpolnic Corp. The seller is Ayaz Furniturewella. The brokerage firm involved in the deal is Cervera Real Estate, with Tatiana Arias and Juliana Tobon representing the buyer and seller.
Players
Hallandale Beach 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
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93