Harold Blue Acquires Hollywood Condo For $3.15M From Seller Doug Huff - Avanti Way Realty
3951 South Ocean Drive 1601
$3,150,000
$995/SF
Building Size
3,163 SF
Asset Type
Condo
Closing
Mar 1, 2023
About this deal
AI
Located at 3951 South Ocean Drive in Hollywood, this condo was recently sold in a closed transaction. The property spans 3,163 square feet and offers breathtaking ocean views. The sale price for this condo was $3,150,000, with a price per square foot of $996.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $3,150,000
- Square Footage: 3,163
- Address: 3951 South Ocean Drive
- Market: Hollywood
Harold Blue purchased this stunning oceanfront condo, while Doug Huff served as the seller. The transaction was facilitated by Joseph Khalil, a representative from Avanti Way Realty.
Players
Market Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $995 per square foot on a published $3.2M for 3,163 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.04%
Cash-on-Cash
-1.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93