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Fidelity Real Estate & One ...

J. Frank Barefield Jr Acquires Single Family Home In Fort Lauderdale For $6.8M
SOLD

J. Frank Barefield Jr Acquires Single Family Home In Fort Lauderdale For $6.8M

$6,800,000

$996/SF

Building Size

6,826 SF

Asset Type

Closing

Jun 3, 2020

AI

The single-family property in Fort Lauderdale was sold on June 3, 2021, for a sale price of $6,800,000. The property spans 6,826 square feet with a price per square foot of $996. The transaction involved the following parties:

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $6,800,000
  • Market: Fort Lauderdale

The buyer, J. Frank Barefield Jr, represented by Jim Morlock from Fidelity Real Estate, acquired the property from Jeannie & David V. Clarke. The seller's representative in the deal was Jill Johns from One Sotheby’s International Realty. J. Frank Barefield Jr is associated with Abbey Residential.

Players

Jill Johns

Sotheby's International Realty

Broker

$6.8M

vol

1 deal

Broker
Engel & Völkers
Engel & VölkersBrokerage
Compass
CompassBrokerage

Market CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.33%

Cash-on-Cash

-0.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93