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333 Las Olas Way, Fort Laud...

Filippo Incorvaia Acquires Condo At 333 Las Olas Way, Fort Lauderdale For $3.1M
SOLD

Filippo Incorvaia Acquires Condo At 333 Las Olas Way, Fort Lauderdale For $3.1M

333 Las Olas Way, Fort Lauderdale, FL 33301

$3,100,000

$620/SF

Building Size

5,000 SF

Asset Type

Closing

May 26, 2020

AI

A luxurious condo located at 333 Las Olas Way in Fort Lauderdale was recently sold in a closed property transaction. The condo covers approximately 5,000 square feet and boasts a stunning view of the surrounding area. The transaction took place on May 26, 2021, with a sale price of $3,100,000.

Summary of Transaction Details:

  • Property Type: Condo
  • Transaction Amount: $3,100,000
  • Address: 333 Las Olas Way, Fort Lauderdale
  • Size: 5,000 square feet
  • Price per Square Foot: $620

The buyer was represented by Filippo Incorvaia, a reputable real estate agent known for his exceptional residential and commercial real estate services. He can be reached at +1.646.662.8504 or through his website www.FilippoIncorvaia.com. You can also find him on Instagram at @Filippo.Incorvaia.

On the seller's side, John D'Angelo played a key role in facilitating the successful transaction. His expertise and experience contributed to the smooth negotiation process.

For more information or to inquire about similar properties, please contact the buyer's representative, Filippo Incorvaia.

Players

Filippo Incorvaia

FI Real Estate

Broker

$13.4M

vol

4 deals

Broker
Douglas Elliman
Douglas EllimanBrokerage

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

5.12%

Cash-on-Cash

-1.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93