Raymond Basha Sells SFR In Fort Lauderdale For $9.5 Million
129 Nurmi Dr Fort Lauderdale, FL 33301, USA
$9,500,000
$1,587/SF
Building Size
5,983 SF
Asset Type
Single Family Residence
Closing
Jul 11, 2023
AI
A single-family residential property located at 129 Nurmi Dr in Fort Lauderdale has been recently sold. The property spans over 5,983 square feet and was sold for a total price of $9,500,000, resulting in a price per square foot of $1,588.
Summary of Transaction Details
- Property Type: SFR
- Transaction Amount: $9,500,000
- Square Footage: 5,983
- Address: 129 Nurmi Dr
- Market: Fort Lauderdale
Raymond Basha acted as the seller for this transaction. The buyer's representative throughout the deal was Kimberly (Kim) Rodstein from Keller Williams. On the other hand, George Khoury, from GK Realty Group, represented the seller.
It is worth noting that the property was sold for $1,588 per square foot, while similar properties in the area are being sold at an average price of $1,396 per square foot.
Players
Miami 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
1.67%
Cash-on-Cash
-0.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93