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
$2,400,000
$1,162/SF
Building Size
2,065 SF
Asset Type
Condo
Closing
Jun 1, 2025
About this deal
AI
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.
On the Map
$2,400,000
$1,162/SF
Condo
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Hallandale Beach Condo Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93