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
$2,050,000
$702/SF
Building Size
2,918 SF
Asset Type
—
Closing
May 22, 2022
About this deal
AI
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.
Players
Fort Lauderdale CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $702 per square foot on a published $2.1M for 2,918 square feet (2022).
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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