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12351 Northwest 5th Street,...

Robert Fernand Acquires SFR In Plantation Acres For $2.35M
SOLDSingle Family Residence

Robert Fernand Acquires SFR In Plantation Acres For $2.35M

12351 Northwest 5th Street, Plantation, Florida 33325, United States

$2,350,000

$479/SF

Building Size

4,900 SF

Asset Type

Single Family Residence

Closing

Mar 22, 2022

AI

A single-family residential property located at 12351 NW 5th St in Plantation Acres has been sold for $2,350,000. The property spans approximately 4,900 square feet, resulting in a price per square foot of $480.

Summary of transation details

  • Property Type: SFR
  • Transaction Amount: $2,350,000
  • Date: 03/23/2022
  • Market: Plantation Acres

The buyer of the property is Robert Fernand, while the seller is Rhino Homes. The transaction was facilitated by two brokers, David Pulley from Douglas Elliman and Dianna Hopkins from Compass Florida.

Players

David Pulley

Sotheby's International Realty

Broker

$67.3M

vol

14 deals

Broker
Douglas Elliman
Douglas EllimanBrokerage

Plantation 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

6.75%

Cash-on-Cash

-1.93%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93