Ludmilla L Jones & Stephen R Jones Acquire Condo In Fort Lauderdale For $4.4M
3055 Harbor Drive, Fort Lauderdale, Florida 33316, United States
$4,400,000
$826/SF
Building Size
5,324 SF
Asset Type
—
Closing
May 23, 2022
About this deal
AI
The property involved in this transaction is a Condo located at 3055 Harbor Dr, Fort Lauderdale, FL. The sale took place on May 24, 2022.
Summary of transation details
- Property Type: Condo
- Transaction Amount: $4,400,000
- Address: 3055 Harbor Dr, Fort Lauderdale, FL
The buyers in this transaction are Ludmilla L Jones and Stephen R Jones. On the other hand, the sellers are William Thomas Gerrard and Jeffrey M Pontious. No additional details about the deal's key individuals or companies were provided.
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
3.61%
Cash-on-Cash
-1.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93