Jacob Lapp Acquires Victoria Park Townhouse For $1.87M
544 Northeast 14th Avenue, Fort Lauderdale, Florida 33304, United States
$1,870,000
$331/SF
Building Size
5,634 SF
Asset Type
Other
Closing
Apr 12, 2022
About this deal
AI
A townhouse located at 544 NE 14th Ave in Victoria Park, Fort Lauderdale, was recently sold for a price of $1,870,000. The property spans 5,634 square feet, resulting in a price per square foot of $332. The sale took place on April 13, 2022.
Summary of transation details
- Property Type: Townhouse
- Transaction Amount: $1,870,000
- Address: 544 NE 14th Ave, Victoria Park, Fort Lauderdale
- Market: Victoria Park, Fort Lauderdale
- Buyer: Jacob Lapp
- Seller: Hagit Ben Ami
- Brokers: Uri Redler & Shlomo Poston - The Real Estate Lab Inc
- Square Footage: 5,634
- Price Per Square Foot: $332
The sale of this townhouse was facilitated by brokers Uri Redler and Shlomo Poston from The Real Estate Lab Inc. They represented the parties involved in the transaction, Jacob Lapp as the buyer and Hagit Ben Ami as the seller.
Players
Fort Lauderdale Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Deal FAQ
About $331 per square foot on a published $1.9M for 5,634 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.48%
Cash-on-Cash
-2.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93