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1800 South Ocean Drive, Hal...

Alicia Ramirez Acquires Hallandale Beach Condo On 1800 S Ocean Dr For $1.8M
SOLD

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

Tatiana Arias

Cervera Real Estate

Broker

$1.8M

vol

1 deal

Broker

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