Updated Oct 28, 2024
TVG Capital LP Acquires Single Family Property In Fort Lauderdale,FL For $8.3M
1918 Intracoastal Dr, Fort Lauderdale, Florida, USA
$8,300,000
$1,407/SF
Building Size
5,897 SF
Asset Type
Single Family Residence
Closing
Nov 15, 2021
About this deal
AI
The property involved in the transaction is a Single Family located at 1918 Intracoastal Dr in Fort Lauderdale, FL. The property has a total area of 5,897 square feet. The sale took place on November 16, 2021, with a transaction amount of $8,300,000. The price per square foot for the property is $1,407.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $8,300,000
- Address: 1918 Intracoastal Dr
- Market: Fort Lauderdale, FL
- Square Footage: 5,897
The buyer in this transaction is Tvg Capital Lp, while the seller is Keelam Usa Inc.
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