Updated Sep 9, 2024
Joseph Newton Acquires SFR In Fort Lauderdale For $3.75M From Seller Bruce Simon
2615 E Las Olas Blvd
$3,750,000
$950/SF
Building Size
3,944 SF
Asset Type
Single Family Residence
Closing
Nov 7, 2022
About this deal
AI
A single-family home located at 2615 E Las Olas Blvd in Fort Lauderdale has been sold for $3,750,000. The property spans 3,944 square feet and has a price per square foot of $951. The sale occurred on 11/07/2022.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $3,750,000
- Address: 2615 E Las Olas Blvd
- Market: Fort Lauderdale
The buyer of the property is Joseph Newton, while the seller is Bruce Simon. The deal was facilitated by brokers Rachelle Ginsberg from Coldwell Banker and Karson Dietrich from Premiere Estate Properties.
Players
Fort Lauderdale Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $950 per square foot on a published $3.8M for 3,944 square feet (2022).
Visit Karson Dietrich to view all their deals.
Browse Fort Lauderdale single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.23%
Cash-on-Cash
-1.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93