facebook
Traded Co logo
Submit

Sharon Pidgeon Acquires Fort Lauderdale SFR For $3.3M

Property Image
SOLD
$3,335,000
Rachelle Ginsberg
Craig Chassen

Florida

See Similar Deals
Single Family Residence4,536 SF
Sold 05/22/2023
the dealplayerscompscontact
Property Image
SOLD

Sharon Pidgeon Acquires Fort Lauderdale SFR For $3.3M

1401 S Ocean Dr, Fort Lauderdale, FL 33316

See Similar Deals
Single Family Residence4,536 SF
Sold 05/22/2023
Rachelle Ginsberg
Craig Chassen
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$735
Total Square Footage:4,536 SF
Transaction Type:Sale

The property involved in this transaction is a single-family home located at 1401 South Ocean Drive in Fort Lauderdale. The property spans 4,536 square feet and was sold for a price of $3,335,000, resulting in a price per square foot of $735.

Summary of transaction details:

  • Property Type: Single-Family Home
  • Transaction Amount: $3,335,000
  • Square Footage: 4,536
  • Address: 1401 South Ocean Drive, Fort Lauderdale
  • Market: Fort Lauderdale

The buyer in this transaction is Sharon Pidgeon. The deal was facilitated by two brokers: Rachelle Ginsberg from Coldwell Banker and Craig Chassen from Douglas Elliman. They played crucial roles in ensuring the successful completion of the transaction.

Players

Rachelle Ginsberg
Coldwell Banker
Rachelle Ginsberg
3 deals$11.6M volume
BROKER
Craig Chassen
Douglas Elliman
Craig Chassen
1 deal$3.3M volume(754) 219-1706
BROKER

Details

SOLD
IMAGE: Rachelle Ginsberg & Craig Chassen DATE: 05/22/2023 ADDRESS: 1401 South Ocean Drive MARKET: Fort Lauderdale ASSET TYPE: SFR BUYER: Sharon Pidgeon BROKER: Rachelle Ginsberg (@RachelleGinsbergRealEstate) - Coldwell Banker (@ColdwellBanker); Craig Chassen - Douglas Ellimen SALE PRICE: $3,335,000 SF: 4,536 ~ PPSF: $735

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$177,866.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,848.56
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,809.60
Annual Debt Service$189,715.22