Updated Dec 21, 2023
Arsineh & Kirk Kazazian Acquire Fort Lauderdale Single Family Home For $8.3M
188 Nurmi Dr, Fort Lauderdale, FL, USA
$8,300,000
$1,062/SF
Building Size
7,809 SF
Asset Type
Single Family Residence
Closing
Jul 25, 2021
About this deal
AI
The single family property located at 188 Nurmi Dr in Fort Lauderdale has been sold for a staggering price of $8,300,000. Spanning across 7,809 square feet, this property showcases elegance and luxury. With a price per square foot of $1,063, it truly represents a remarkable deal in the market.
Summary of transation details
- Property Type: Single Family
- Transaction Amount: $8,300,000
- Address: 188 Nurmi Dr, Fort Lauderdale
- Market: Fort Lauderdale
Arsineh & Kirk Kazazian have acquired the property from David S. Tobin & Merrill Brooks Smith. This significant transaction showcases the involvement of these key individuals in the deal.
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
1.91%
Cash-on-Cash
-0.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93