Updated Oct 28, 2024
125 Ocean Drive Holdings LLC Acquires 9,451 SF Single Family Home In Fort Lauderdale For $23M
2412 Laguna Drive, Fort Lauderdale, FL, USA
$23,000,000
$2,433/SF
Building Size
9,451 SF
Asset Type
Single Family Residence
Closing
Apr 29, 2021
About this deal
AI
The single-family property located at 2412 Laguna Drive in Fort Lauderdale has been sold in a recent transaction. The property spans 9,451 square feet and was sold at a price of $23,000,000, resulting in a price per square foot of $2,434.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $23,000,000
- Address: 2412 Laguna Drive, Fort Lauderdale
- Market: Fort Lauderdale
The buyer of the property is 125 Ocean Drive Holdings LLC, while the seller is Mikhail Avrutin from the Baltic Hotel Group. The deal was facilitated by Chad Carroll and Tim Elmes from Compass.
On the Map
$23,000,000
$2,433/SF
Single Family Residence
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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
0.69%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93