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112 South Gordon Road, Fort...

Loof Family Rev Trust Acquires Single Family Property In Fort Lauderdale For $4.45M
SOLDSingle Family Residence

Loof Family Rev Trust Acquires Single Family Property In Fort Lauderdale For $4.45M

112 South Gordon Road, Fort Lauderdale, FL, USA

$4,450,000

$602/SF

Building Size

7,388 SF

Asset Type

Single Family Residence

Closing

Mar 23, 2021

AI

A single-family property located at 112 S Gordon Rd in Fort Lauderdale has been sold. The property, with a total area of 7,388 square feet, was listed for sale by the seller, Gordon Navarro Land Tr. The transaction was facilitated by Josh Dotoli from Compass, representing both the buyer and seller.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $4,450,000
  • Asking Price: $4,945,000
  • Price per Square Foot: $602
  • Market: Fort Lauderdale

The buyer, Loof Family Rev Trust, acquired the property at a sale price of $4,450,000. This transaction took place on March 24, 2021. The property offers spacious living with a total area of 7,388 square feet.

Players

Josh Dotoli

Compass

Broker

$51.3M

vol

7 deals

Broker
RT
Rev TrustBuyer

Fort Lauderdale Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.56%

Cash-on-Cash

-1.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93