Michael Ryan Acquires Condo On 2200 N Ocean Blvd, Fort Lauderdale For $5.7M
2200 North Ocean Boulevard, Fort Lauderdale, Florida 33305, United States
$5,700,000
Building Size
—
Asset Type
Condo
Closing
Nov 16, 2022
About this deal
AI
The property involved in this closed transaction is a condominium located at 2200 N Ocean Blvd in Fort Lauderdale, FL. The condo was sold on November 16, 2022.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $5,700,000
- Address: 2200 N Ocean Blvd, Fort Lauderdale, FL
The buyer of the condo is Michael Ryan, while the sellers are Amishi Dharia and Nitin Putcha.
The condo sale at 2200 North Ocean Boulevard, Fort Lauderdale, Florida 33305, United States in Fort Lauderdale, Florida sold for $5.7M in 2022. 2200 North Ocean Boulevard, Fort Lauderdale, Florida 33305, United States is classified as Condo on Traded. This page is the Fort Lauderdale, Florida file for the 2200 North Ocean Boulevard, Fort Lauderdale, Florida 33305, United States condo sold: pricing, party profiles, and other closed condo comps from the same Fort Lauderdale sit in the Market section below. Filter that Fort Lauderdale condo set by closing date to see what else sold near 2200 North Ocean Boulevard, Fort Lauderdale, Florida 33305, United States around 2022. Published consideration for 2200 North Ocean Boulevard, Fort Lauderdale, Florida 33305, United States is $5.7M, dated 2022. Cite this Michael Ryan Acquires Condo On 2200 N Ocean Blvd, Fort Lauderdale For $5.7M sale when underwriting similar condo product around Fort Lauderdale, Florida.
Players
Fort Lauderdale Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
Loading comparables…
Deal FAQ
Browse Florida condo sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.78%
Cash-on-Cash
-0.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93