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1541 Cordova Road, Fort Lau...

Updated Mar 3, 2025

Daniel Guenni & Lorena Loreto Acquire Fort Lauderdale Multifamily For $4.2M
SOLDMultiFamily

Daniel Guenni & Lorena Loreto Acquire Fort Lauderdale Multifamily For $4.2M

1541 Cordova Road, Fort Lauderdale, FL, USA

$4,200,000

$420/SF

Building Size

9,978 SF

Asset Type

MultiFamily

Closing

Aug 2, 2021

About this deal

AI

The multifamily property located at 1541 Cordova Rd in Fort Lauderdale has been sold for a price of $4,200,000. The property spans across 9,978 square feet, resulting in a price per square foot of $421. The transaction took place on August 3, 2021. The buyer of the property is Daniel Guenni and Lorena Loreto, while the seller is Native Realty represented by Jaime Sturgis.

Summary of transaction details

  • Property Type: Mutifamily
  • Transaction Amount: $4,200,000
  • Date: 08/03/2021
  • Address: 1541 Cordova Rd, Fort Lauderdale
  • Market: Fort Lauderdale
  • Buyer: Daniel Guenni & Lorena Loreto
  • Seller: Native Realty - Jaime Sturgis
  • Square Footage: 9,978
  • Price per Square Foot: $421

Daniel Guenni and Lorena Loreto have acquired the property from Native Realty, with the transaction facilitated by Jaime Sturgis of Native Realty. This sale is a significant event in the Fort Lauderdale real estate market, further contributing to the overall dynamics and growth of the multifamily sector.

Players

Jaime Sturgis

Native Realty

Broker

$246.7M

vol

49 deals

Broker

Fort Lauderdale MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $420 per square foot on a published $4.2M for 9,978 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.78%

Cash-on-Cash

-1.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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