Michelle Nunez Sells Auberge Beach Penthouse In Fort Lauderdale For $10.104M
2200 North Ocean Boulevard
$10,104,000
$1,999/SF
Building Size
5,054 SF
Asset Type
Condo
Closing
Apr 19, 2024
AI
The property involved is a 5,054-square-foot condo located at 2200 North Ocean Boulevard in Fort Lauderdale. The condo, featuring six bedrooms and ocean views, was sold for $10,104,000. It boasts a sophisticated beach design, high-end kitchen appliances, and a master suite with private oceanfront balcony access.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $10,104,000
- Address: 2200 North Ocean Boulevard, Fort Lauderdale
- Price per Square Foot: $1,999
Charles Mazalatis from Maz Group served as the buyer's representative in the deal, while Ira Hasson from Bespoke Real Estate and Michelle Nunez from Fortune International Realty were the seller's representatives. Michelle Nunez, who represented the seller, set records with this sale, marking Broward County's highest-priced condo sale in 2024 and the highest priced sale at Auberge Beach Residences in 2023-2024.
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
1.57%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93