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4400 Sw 42nd Ter

Florida Property Rd LLC Purchases Land From James Fulford In Fort Lauderdale For $1.8M
SOLDLand

Florida Property Rd LLC Purchases Land From James Fulford In Fort Lauderdale For $1.8M

4400 Sw 42nd Ter

$1,800,000

Building Size

Asset Type

Land

Closing

Feb 14, 2022

AI

The asset involved in this transaction is a land parcel located at 4400 Sw 42nd Ter in Fort Lauderdale. The transaction price for this property was $1,800,000.00.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $1,800,000.00
  • Buyer: Florida Property Rd LLC
  • Seller: James Fulford
  • Broker: Elad Barokas - AXIOM Capital Advisors
  • Date of Transaction: 02/14/2022

The deal was facilitated by Elad Barokas, representing AXIOM Capital Advisors. The transaction reflects a straightforward exchange between Florida Property Rd LLC as the buyer and James Fulford as the seller, with no additional representation mentioned in the context.

Players

Elad Barokas

AXIOM Capital Advisors

Broker

$107.1M

vol

26 deals

Broker

Florida Property Rd LLC

Buyer
Buyer

James Fulford

Seller
Seller

Fort Lauderdale Land Market Snapshot

Boundary boundary · Land · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.81%

Cash-on-Cash

-2.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93