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1950 South Hiatus Road, For...

Updated Dec 18, 2023

Carlos Bernitt Acquires Miscellaneous Property In Fort Lauderdale From Richard Beckwitt
SOLDOther

Carlos Bernitt Acquires Miscellaneous Property In Fort Lauderdale From Richard Beckwitt

1950 South Hiatus Road, Fort Lauderdale, FL, USA

$2,129,600

Building Size

Asset Type

Other

Closing

Oct 19, 2022

About this deal

AI

A miscellaneous property located at 1950 S Hiatus Rd in Fort Lauderdale, FL has been sold for a price of $2,129,600. The transaction took place on October 20, 2022.

Summary of transaction details

  • Property Type: Miscellaneous
  • Transaction Amount: $2,129,600
  • Address: 1950 S Hiatus Rd, Fort Lauderdale, FL
  • Market: Fort Lauderdale, FL

Carlos Bernitt purchased the property from Richard Beckwitt.

The other sale at 1950 South Hiatus Road, Fort Lauderdale, FL, USA in Fort Lauderdale, Florida sold for $2.1M in 2022. 1950 South Hiatus Road, Fort Lauderdale, FL, USA is classified as Other on Traded. This page is the Fort Lauderdale, Florida file for the 1950 South Hiatus Road, Fort Lauderdale, FL, USA other sold: pricing, party profiles, and other closed other comps from the same Fort Lauderdale sit in the Market section below. Filter that Fort Lauderdale other set by closing date to see what else sold near 1950 South Hiatus Road, Fort Lauderdale, FL, USA around 2022. Published consideration for 1950 South Hiatus Road, Fort Lauderdale, FL, USA is $2.1M, dated 2022. Cite this Carlos Bernitt Acquires Miscellaneous Property In Fort Lauderdale From Richard Beckwitt sale when underwriting similar other product around Fort Lauderdale, Florida.

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Fort Lauderdale Other Market Snapshot

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.45%

Cash-on-Cash

-2.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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