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.
On the Map
$1,849,000
$704/SF
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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