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2110 North Ocean Boulevard,...

Updated Dec 21, 2023

Vera & Eugene Loftin Acquire Fort Lauderdale Condo On N. Ocean Blvd. For $1.85M
SOLD

Vera & Eugene Loftin Acquire Fort Lauderdale Condo On N. Ocean Blvd. For $1.85M

2110 North Ocean Boulevard, Fort Lauderdale, Florida 33305, United States

$1,849,000

$704/SF

Building Size

2,623 SF

Asset Type

Closing

Mar 24, 2022

About this deal

AI

2110 N. Ocean Blvd. in Fort Lauderdale was recently sold for $1,849,000. This property is a condo with a size of 2,623 square feet. The sale price per square foot was $705. The transaction took place on March 25, 2022.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $1,849,000
  • Address: 2110 N. Ocean Blvd., Fort Lauderdale
  • Square Footage: 2,623

The buyer of this condo was Vera & Eugene Loftin. They were represented by Vickie Arcuri from Coldwell Banker. The seller, Donna & John D'Eri, had their property listed by Andrea Patnik from Better Homes and Gardens RE.

Players

Vickie Arcuri

Coldwell Banker

Broker

$39.9M

vol

9 deals

Broker

John D'Eri

Seller

$5.7M

vol

2 deals

Seller

Fort Lauderdale CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $704 per square foot on a published $1.8M for 2,623 square feet (2022).

Visit Vickie Arcuri to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.58%

Cash-on-Cash

-2.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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