Brady Thrasher Acquires SFR In Fort Lauderdale For $10.4M
2520 Del Lago Drive, Fort Lauderdale, FL, USA
$10,400,000
$1,293/SF
Building Size
8,041 SF
Asset Type
Single Family Residence
Closing
Oct 29, 2021
AI
The recently closed property transaction in Fort Lauderdale involved a single-family residence located at 2520 Del Lago. This spacious property offers a total of 8,041 square feet of living space. The sale price for this SFR was $10,400,000, resulting in a price per square foot of $1,293.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $10,400,000
- Address: 2520 Del Lago, Fort Lauderdale
- Market: Fort Lauderdale
Danny Minkin acted as the seller in this transaction. Representing the buyer's side was Brady Thrasher from RE/MAX Preferred. On the other hand, Steven Romaniello from Florida Luxurious Properties served 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
1.53%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93