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1705 Northeast 5th Street, ...

Takashi Oyagi Acquires Fort Lauderdale Townhouse From Anissa Holmes
SOLDOther

Takashi Oyagi Acquires Fort Lauderdale Townhouse From Anissa Holmes

1705 Northeast 5th Street, Fort Lauderdale, Florida 33301, United States

$1,195,000

$449/SF

Building Size

2,658 SF

Asset Type

Other

Closing

Jun 19, 2022

AI

A townhouse located at 1705 NE 5th St in Fort Lauderdale was recently sold for $1,195,000. The property spans 2,658 square feet, resulting in a price per square foot of $450. The sale was completed on June 20, 2022, with Jennifer Azan of Related ISG International Realty representing both the buyer, Takashi Oyagi, and the seller, Anissa Holmes.

Summary of transaction details

  • Property Type: Townhouse
  • Transaction Amount: $1,195,000
  • Date: 06/20/2022
  • Address: 1705 NE 5th St
  • Market: Fort Lauderdale
  • Buyer: Takashi Oyagi
  • Seller: Anissa Holmes
  • Broker: Jennifer Azan - Related ISG International Realty
  • Square Footage: 2,658
  • Price per Square Foot: $450

Jennifer Azan, from Related ISG International Realty, facilitated the transaction between Takashi Oyagi and Anissa Holmes. The sale of this townhouse signifies a successful deal in the Fort Lauderdale market.

Players

Jennifer Azan

RelatedISG International Realty

Broker

$7.9M

vol

5 deals

Broker

Takashi Oyagi

Buyer

$2.4M

vol

2 deals

Buyer

Anissa Holmes

Seller

$4.8M

vol

3 deals

Seller

Fort Lauderdale Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.27%

Cash-on-Cash

-3.79%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93