Jonathan Owoc Acquires Ft. Lauderdale Resi Apt For $3.9M
3 Pelican Dr, Fort Lauderdale, FL 33301, USA
$3,938,000
$377/SF
Building Size
10,445 SF
Asset Type
—
Closing
Aug 31, 2020
About this deal
AI
A residential apartment/condo/co-op/house located at 3 Pelican in Ft. Lauderdale has been sold for a price of $3,938,000. The property was listed by Antonella Karsenti and purchased by Jonathan Owoc. The transaction was facilitated by brokers Alexander Goldstein and Austin Baris from Miles Goldstein Real Estate.
Summary of transaction details
- Property Type: Residential Apartment/Condo/Co-op/House
- Transaction Amount: $3,938,000
- Address: 3 Pelican, Ft. Lauderdale
- Market: Ft. Lauderdale
The sale of 3 Pelican in Ft. Lauderdale was made possible through the representation of brokers Alexander Goldstein and Austin Baris from Miles Goldstein Real Estate.
On the Map
$3,938,000
$377/SF
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Fort Lauderdale CRE Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.03%
Cash-on-Cash
-1.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93