Sharon Mcquillan & Kenneth Meares Acquire Condo At 715 Bayshore Dr In Fort Lauderdale For $3.45M
715 Bayshore Drive, Fort Lauderdale, Florida 33304, United States
$3,450,000
Building Size
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Asset Type
—
Closing
Jul 24, 2022
About this deal
AI
The sale of a condominium located at 715 Bayshore Dr in Fort Lauderdale, FL was completed on July 25, 2022. The property, a Condo, was sold for a price of $3,450,000. The transaction involved the following parties:
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $3,450,000
- Address: 715 Bayshore Dr, Fort Lauderdale, FL
The buyers of the property were Sharon Mcquillan and Kenneth Meares. The sellers were Alice F Lucia Jackson and Michael J Jackson.
The commercial sale at 715 Bayshore Drive, Fort Lauderdale, Florida 33304, United States in Fort Lauderdale, Florida sold for $3.5M in 2022. This page is the Fort Lauderdale, Florida file for the 715 Bayshore Drive, Fort Lauderdale, Florida 33304, United States commercial sold: pricing, party profiles, and other closed commercial comps from the same Fort Lauderdale sit in the Market section below. Filter that Fort Lauderdale commercial set by closing date to see what else sold near 715 Bayshore Drive, Fort Lauderdale, Florida 33304, United States around 2022. Published consideration for 715 Bayshore Drive, Fort Lauderdale, Florida 33304, United States is $3.5M, dated 2022. Cite this Sharon Mcquillan & Kenneth Meares Acquire Condo At 715 Bayshore Dr In Fort Lauderdale For $3.45M sale when underwriting similar commercial product around Fort Lauderdale, Florida.
Players
Fort Lauderdale CRE Market Snapshot
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.60%
Cash-on-Cash
-1.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93