Oren Alexander, Tal Alexander, And Isaac Lustgarten Acquire Condo In Hollywood, FL For $2.05M
3951 South Ocean Drive, Hollywood, FL, USA
$2,050,000
$1,212/SF
Building Size
1,691 SF
Asset Type
—
Closing
Aug 26, 2021
About this deal
AI
Located at 3951 S Ocean Dr in Hollywood, FL, this recently sold condo is an impressive property. The transaction took place on August 27, 2021, with a sale price of $2,050,000.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $2,050,000
- Buyer's Representative: Oren Alexander, Tal Alexander & Isaac Lustgarten - Douglas Elliman
- Seller's Representative: Oren Alexander & Tal Alexander
Oren Alexander, Tal Alexander, and Isaac Lustgarten from Douglas Elliman represented the buyer in this deal. The seller was also represented by Oren Alexander and Tal Alexander.
Players
Hollywood CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $1.2K per square foot on a published $2.1M for 1,691 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.74%
Cash-on-Cash
-2.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93