Graham Berwind Acquires Fort Lauderdale Condo On Sunset Dr For $4.75M
353 Sunset Drive
$4,750,000
$1,437/SF
Building Size
3,305 SF
Asset Type
Condo
Closing
May 9, 2022
AI
A luxury penthouse condominium located at 353 Sunset Dr, Unit PH02 in Fort Lauderdale has been sold for a staggering sale price of $4,750,000. Spanning over 3,305 square feet, this exquisite property offers a truly remarkable living experience. With a price per square foot of $1,437, this condo showcases the epitome of sophistication and elegance.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $4,750,000
- Market: Fort Lauderdale
- Address: 353 Sunset Dr, Unit PH02
Graham Berwind has purchased this remarkable penthouse, while Janice Feirstein has acted as the seller in this notable transaction. The deal was facilitated by Rachael Barach, a reputable broker representing The Rachael Barach Group at RE/MAX. With their expertise, this successful purchase has been made possible.
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
3.34%
Cash-on-Cash
-0.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93