David & Vicki Curtis Acquire Fort Lauderdale SFR From Brent Braun For $32.5M
1712 Southeast 12th Court
$32,500,000
$2,488/SF
Building Size
13,060 SF
Asset Type
Single Family Residence
Closing
Aug 23, 2022
AI
A single-family home located at 1712 SE 12th Ct in Fort Lauderdale has been sold for a total price of $32,500,000. The property spans 13,060 square feet, resulting in a price per square foot of $2,489.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $32,500,000
- Address: 1712 SE 12th Ct, Fort Lauderdale
- Market: Fort Lauderdale
- Buyer: David & Vicki Curtis
- Seller: Brent Braun
- Buyer's Representative: Lourdes Maestres & Nicole Alvarez - Compass
- Seller's Representative: Jim Morlock - Fidelity Real Estate
- Square Footage: 13,060
- Price Per Square Foot: $2,489
The buyer, represented by Lourdes Maestres and Nicole Alvarez from Compass, acquired the property from the seller, Brent Braun. On the other side of the deal, Jim Morlock from Fidelity Real Estate 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
0.49%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93