Alicia Ramirez Acquires Hallandale Beach Condo On 1800 S Ocean Dr For $1.8M
SOLD
$1,800,000
Florida
See Similar Deals2,078 SF
Sold 06/09/2022
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
See Similar Deals2,078 SF
Sold 06/09/2022
Summary
FLORIDA
Price Per Square Foot:$866
Total Square Footage:2,078 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$96,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,395.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,532.92
Annual Debt Service$102,395.02
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