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1712 Southeast 12th Court

David & Vicki Curtis Acquire Fort Lauderdale SFR From Brent Braun For $32.5M
SOLDSingle Family Residence

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

James Morlock

Broker

$52.3M

vol

3 deals

Broker

David Curtis

Buyer

$44.5M

vol

2 deals

Buyer

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