JN Family Trust Acquires Hallandale Beach Condo For $3.1M With Buyer's Rep Anthony Clemente & Seller's Rep Teda Melero
2000 S Ocean Dr #11b Hallandale Beach, FL 33009, USA
$3,100,000
$1,064/SF
Building Size
2,913 SF
Asset Type
Condo
Closing
Mar 9, 2023
About this deal
AI
A condo located at 2000 S. Ocean Drive B in Hallandale Beach has been sold in a recent transaction. The property, spanning 2,913 square feet, was sold for a price of $3,100,000, resulting in a price per square foot of $1,064.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $3,100,000
- Square Footage: 2,913
- Address: 2000 S. Ocean Drive B
- Market: Hallandale Beach
The buyer of the condo is , while the seller is KAR Properties. Anthony Clemente from Privé Luxury Realty represented the buyer, whereas Teda Melero from Fortune International Realty represented the seller in this transaction.
On the Map
$3,100,000
$1,064/SF
Condo
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Players
Miami Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.1K per square foot on a published $3.1M for 2,913 square feet (2023).
Visit Fortune International Realty to view all their deals.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93