William Paule Breen & Marlucia Lopez-Breen Sell Condo In Hallandale Beach For $2.4M With Buyer's Rep Aleks Morina & Jonathan Weaver
SOLD
$2,400,000
Florida
See Similar DealsCondo2,065 SF
Sold 06/01/2025
SOLD
William Paule Breen & Marlucia Lopez-Breen Sell Condo In Hallandale Beach For $2.4M With Buyer's Rep Aleks Morina & Jonathan Weaver
1830 South Ocean Drive
See Similar DealsCondo2,065 SF
Sold 06/01/2025
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,162
Total Square Footage:2,065 SF
Transaction Type:Sale
The property involved in this transaction is a condo located at 1830 South Ocean Drive Unit 3901 in Hallandale Beach. The sale price was $2,400,000, with the condo encompassing a total area of 2,065 square feet, resulting in a price per square foot of $1,162.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,400,000
- Address: 1830 South Ocean Drive Unit 3901
- Market: Hallandale Beach
- Seller: William Paule Breen & Marlucia Lopez-Breen
- Buyer's Representative: Aleks Morina & Jonathan Weaver - The Morina Group - LoKation® Real Estate
- Mortgage Broker: Nez Elabbassy - 4ever Lending USA
- Loan Type: Bank Statements
- Square Footage: 2,065
- Price Per Square Foot: $1,162
This transaction involved key representatives, with Aleks Morina and Jonathan Weaver representing the buyer, while Nez Elabbassy served as the mortgage broker for the deal. Their involvement played a crucial role in facilitating the transaction process.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$127,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,526.70
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,377.22
Annual Debt Service$136,526.69
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