Updated Dec 20, 2023
Ali Daneshvar Acquires SFR In Fort Lauderdale For $1.5M
2531 Key Largo Lane, Fort Lauderdale, Florida 33312, United States
$1,500,000
$653/SF
Building Size
2,295 SF
Asset Type
Single Family Residence
Closing
May 30, 2022
About this deal
AI
The property involved in this transaction is a single-family home located at 2531 Key Largo Ln in Fort Lauderdale's Lauderdale Isles market. The property spans 2,295 square feet and was sold for a price of $1,500,000, resulting in a price per square foot of $654.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $1,500,000
- Address: 2531 Key Largo Ln, Fort Lauderdale
- Market: Lauderdale Isles
The buyer in this transaction is Ali Daneshvar, while the sellers are Justin Hamilton and John Cherry. The listing agent who facilitated the sale is Robert Melo from Luxuri International.
Players
Fort Lauderdale Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $653 per square foot on a published $1.5M for 2,295 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93