Frank J Barefield Jr Acquires SFR On SE 8th St In Fort Lauderdale, FL For $23.9M
SOLD
Florida
See Similar Deals16,898 SF
Sold 02/17/2022
SOLD
Frank J Barefield Jr Acquires SFR On SE 8th St In Fort Lauderdale, FL For $23.9M
1801 Southwest 8th Avenue, Fort Lauderdale, Florida 33315, United States
See Similar Deals16,898 SF
Sold 02/17/2022
Summary
FLORIDA
Price Per Square Foot:$1,418
Total Square Footage:16,898 SF
Transaction Type:Sale
A single-family residential property located at 1801 SE 8th St in Fort Lauderdale, FL was recently sold. The property spans a total area of 16,898 square feet. The transaction took place on February 17, 2022, and the sale price was $23,975,900, resulting in a price per square foot of $1,419.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $23,975,900
- Address: 1801 SE 8th St, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
The buyer of the property is Frank J Barefield Jr, while the sellers are Marlene Aguero and Manuel Aguero.
Players
BUYER
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,278,714.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$85,181.30
Cash-on-Cash Return-1.27%
Monthly Debt Service$113,658.00
Annual Debt Service$1,363,895.98
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