Steve & Tracy Abrams Acquire Condo In Fort Lauderdale For $2.17M
100 East Las Olas Boulevard
$2,169,000
$731/SF
Building Size
2,964 SF
Asset Type
Condo
Closing
Apr 15, 2022
About this deal
AI
The property involved in this transaction is a condo located at 100 E Las Olas Blvd in Fort Lauderdale. The sale of this condo was completed on 04/15/2022. The condo has a total square footage of 2,964, and the price per square foot was $732. The total sale price for the condo was $2,169,000.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $2,169,000
- Address: 100 E Las Olas Blvd, Fort Lauderdale
- Square Footage: 2,964
- Price per Square Foot: $732
The buyers of the condo were Steve & Tracy Abrams, while the seller was Glen Shields. The buyer's representative in this transaction was Jennifer Ginsburg from Freebird Real Estate. The seller's representative was Chris Toome from Keller Williams Realty.
Players
Fort Lauderdale Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.31%
Cash-on-Cash
-2.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93