Saint Sylvester LLC Acquires Two Office Condos From Private Care Holdings LLC For $1.05M
2949 West Cypress Creek Road
$1,050,000
$280/SF
Building Size
3,742 SF
Asset Type
Office
Closing
Jun 12, 2025
AI
A sale transaction involving office condos occurred at 2949 West Cypress Creek Road Suite 101 & 201 in Fort Lauderdale. The property spans 3.93 acres and consists of two office condos with a total square footage of 3,742. The sale price reached $1,050,000, resulting in a price per square foot of $281.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $1,050,000
- Buyer: Saint Sylvester LLC
- Seller: Private Care Holdings, LLC
- Broker: Clinton Casey - The Rotella Group
- Square Footage: 3,742
- Price per Square Foot: $281
- Seller Financing Amount: $400,000
This transaction was facilitated by Clinton Casey from The Rotella Group, representing the seller, Private Care Holdings, LLC. The buyer, Saint Sylvester LLC, successfully acquired the property, which has significant potential for office use in the Fort Lauderdale market.
Players
Fort Lauderdale Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93