Richard Chierico Acquires Single Family Property In Fort Lauderdale For $3.97M
SOLD
$3,973,125
Florida
See Similar DealsSingle Family Residence5,086 SF
Sold 07/25/2022
SOLD
Richard Chierico Acquires Single Family Property In Fort Lauderdale For $3.97M
2618 Sea Island Drive, Fort Lauderdale, Florida 33301, United States
See Similar DealsSingle Family Residence5,086 SF
Sold 07/25/2022
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$781
Total Square Footage:5,086 SF
Transaction Type:Sale
The single-family property located at 2618 Sea Island Dr in Fort Lauderdale, FL was recently sold. The transaction took place on 07/25/2022.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $3,973,125
- Address: 2618 Sea Island Dr, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
- Square Footage: 5,086
- Price per Square Foot: $781
The buyer of the property is Richard Chierico, while the seller is Anthony Palazzo.
Additional details about the deal's key individuals and companies involved were not provided.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Single-Family Rental Investment Trends ReportQ3 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$211,900.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,115.67
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,834.64
Annual Debt Service$226,015.67
Is there something missing? Send suggestions