Updated Mar 11, 2025
Equity Lending Solutions Provides $3M Bridge Loan On 520 San Marco Drive In Fort Lauderdale
520 San Marco Drive
$3,000,000
$547/SF
Building Size
5,484 SF
Asset Type
Single Family Residence
Closing
Feb 14, 2023
About this deal
AI
A bridge loan in the amount of $3,000,000 was secured for the property located at 520 San Marco Drive in Fort Lauderdale. This single-family residence boasts a spacious living area of 5,484 square feet.
Summary of transation details
- Property Type: Single Family Residence
- Transaction Amount: $3,000,000
- Lender: Equity Lending Solutions - Hector Castro
- Loan Type: Bridge Loan
Hector Castro of Equity Lending Solutions served as the representative for the lender in this transaction.
The single family residence loan at 520 San Marco Drive in Florida financed for $3M in 2023. The building is 5,484 square feet, implying about 547 per square foot on the published price. Named participants on the 520 San Marco Drive loan are Hector Castro. This page is the Florida file for the 520 San Marco Drive single family residence financed: pricing, party profiles, and other closed single family residence comps from the same Florida sit in the Market section below. Filter that local single family residence set by closing date to see what else financed near 520 San Marco Drive around 2023. Published consideration for 520 San Marco Drive is $3M, dated 2023. Cite this Equity Lending Solutions Provides $3M Bridge Loan On 520 San Marco Drive In Fort Lauderdale loan when underwriting similar single family residence product around Florida.
Players
Market Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93