Globality Investment Acquires Single-Family Property In Fort Lauderdale For $28.5M
1122 Southeast 4th Street, Fort Lauderdale, Florida 33301, United States
$28,500,000
$2,065/SF
Building Size
13,800 SF
Asset Type
Single Family Residence
Closing
Jun 29, 2022
AI
A single-family property located at 1122 SE 4th St in Fort Lauderdale has recently been sold for a price of $28,500,000. The property spans 13,800 square feet, resulting in a price per square foot of $2,065. The transaction took place on 06/30/2022.
Summary of transation details
- Property Type: Single-Family
- Transaction Amount: $28,500,000
- Address: 1122 SE 4th St
- Market: Fort Lauderdale
- Square Footage: 13,800
- Price per Square Foot: $2,065
Thomas Pichet from Globality Investment represented the buyer in this transaction, while Tim Elmes from The Elmes Group - Compass acted as the seller's representative.
Players
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
0.56%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93