Johnny Dao Dahdah Acquires Condo In Fort Lauderdale For $2.05M From Seller Manuel Compean & Rene Altamirano
SOLD
$2,050,000
Florida
See Similar Deals2,918 SF
Sold 05/23/2022
SOLD
Johnny Dao Dahdah Acquires Condo In Fort Lauderdale For $2.05M From Seller Manuel Compean & Rene Altamirano
740 Bayshore Drive, Fort Lauderdale, Florida 33304, United States
See Similar Deals2,918 SF
Sold 05/23/2022
Summary
FLORIDA
Price Per Square Foot:$702
Total Square Footage:2,918 SF
Transaction Type:Sale
Located at 740 Bayshore Dr in Fort Lauderdale, FL, this property is a spacious condo with a total area of 2,918 square feet. The sale took place on 05/23/2022, with a transaction amount of $2,050,000. The price per square foot for this condominium is $702.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,050,000
- Address: 740 Bayshore Dr, Fort Lauderdale, FL
- Square Footage: 2,918
- Price per Square Foot: $702
- Buyer: Johnny Dao Dahdah
- Seller: Manuel Compean & Rene Altamirano
Representing the buyer in this transaction is Johnny Dao Dahdah, while Manuel Compean and Rene Altamirano represent the sellers.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$109,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,283.23
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,718.05
Annual Debt Service$116,616.55
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