Updated Dec 21, 2023
Terry B Cullen Acquires Fort Lauderdale SFR From Brad C Scott, Patricia J Scott & Brad D Scott For $5.7M
2524 Laguna Drive, Fort Lauderdale, Florida 33316, United States
$5,700,000
$1,381/SF
Building Size
4,126 SF
Asset Type
Single Family Residence
Closing
Mar 6, 2022
About this deal
AI
The single-family home located at 2524 Laguna Dr in Fort Lauderdale, FL has been sold in a closed transaction. The property spans approximately 4,126 square feet and was sold for a price of $5,700,000, resulting in a price per square foot of $1,381.
Summary of Transaction Details:
- Property Type: Single-Family Home
- Transaction Amount: $5,700,000
- Address: 2524 Laguna Dr, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
- Buyer: Terry B Cullen
- Seller: Brad C Scott, Patricia J Scott & Brad D Scott
The buyer in this transaction was Terry B Cullen, represented by their own agent. The sellers were Brad C Scott, Patricia J Scott, and Brad D Scott, represented by their respective agent. The sale of this property highlights the successful completion of a residential real estate deal in Fort Lauderdale, FL.
Players
Fort Lauderdale Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
Browse Florida single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.78%
Cash-on-Cash
-0.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93