Brenda And Martin Patton Acquire SFR In Pompano Beach,FL From Anna Martin For $10.5M
4200 Northeast 31st Avenue, Lighthouse Point, Florida 33064, United States
$10,500,000
$1,344/SF
Building Size
7,807 SF
Asset Type
—
Closing
Feb 24, 2022
About this deal
AI
A single-family residential property located at 4200 NE 31st Ave in Pompano Beach, FL was recently sold in a closed transaction. The property spans 7,807 square feet and was sold for a price of $10,500,000, resulting in a price per square foot of $1,345.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $10,500,000
- Address: 4200 NE 31st Ave, Pompano Beach, FL
- Market: Pompano Beach, FL
- Buyer: Brenda Patton & Martin Patton
- Seller: Anna Martin
- Square Footage: 7,807
- Price per Square Foot: $1,345
The buyers of the property were Brenda Patton & Martin Patton, while Anna Martin served as the seller. No additional information is available regarding the deal.
Players
Lighthouse Point CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $1.3K per square foot on a published $10.5M for 7,807 square feet (2022).
Browse Florida sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.51%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93