Nicholas DeJesu Acquires Condo In Fort Lauderdale For $1.85M
21 Isle of Venice Drive, Fort Lauderdale, FL, USA
$1,850,000
$559/SF
Building Size
3,308 SF
Asset Type
—
Closing
Apr 29, 2021
AI
A condominium property located at 21 Isle of Venice in Fort Lauderdale has been sold. The transaction took place on April 30, 2021. The condo spans across 3,308 square feet and has a sale price of $1,850,000. The price per square foot comes out to be $559.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,850,000
- Address: 21 Isle of Venice, Fort Lauderdale
- Square Footage: 3,308
The buyer of the property is Nicholas DeJesu, while the seller is Patrick Hodnett. Representing the buyer in the deal is Lisandra Martinez from LisandraMansions, and representing the seller is Chad Carroll from ChadCarroll.
Players
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
8.57%
Cash-on-Cash
-2.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93