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1801 Southwest 8th Avenue, ...

Frank J Barefield Jr Acquires SFR On SE 8th St In Fort Lauderdale, FL For $23.9M
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

$23,975,900

$1,418/SF

Building Size

16,898 SF

Asset Type

Closing

Feb 16, 2022

AI

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

AR
Abbey ResidentialBuyer

Marlene Aguero

Seller

$48M

vol

2 deals

Seller

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

0.66%

Cash-on-Cash

-0.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93