Jonathan Owoc Acquires Ft. Lauderdale Resi Apt For $3.9M
SOLD
$3,938,000
Florida
See Similar Deals10,445 SF
Sold 09/01/2020
SOLD
Jonathan Owoc Acquires Ft. Lauderdale Resi Apt For $3.9M
3 Pelican Dr, Fort Lauderdale, FL 33301, USA
See Similar Deals10,445 SF
Sold 09/01/2020
Summary
FLORIDA
Price Per Square Foot:$377
Total Square Footage:10,445 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$210,026.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,990.89
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,668.13
Annual Debt Service$224,017.55
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