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David Salamon & Daniel Kirzner Acquire SFR In Fort Lauderdale For $2.95M

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SOLD
$2,950,000

Florida

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Single Family Residence6,681 SF
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SOLD

David Salamon & Daniel Kirzner Acquire SFR In Fort Lauderdale For $2.95M

2700 Northeast 18th Street, Fort Lauderdale, FL, USA

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Single Family Residence6,681 SF
Sold
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$441
Total Square Footage:6681 SF
Transaction Type:Sale

The property involved in this transaction is a single-family home (SFR) located at 2700 Northeast 18th Street in Fort Lauderdale. The property has a total square footage of 6,681. It was sold on January 15, 2021, for a price of $2,950,000, resulting in a price per square foot of $442.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $2,950,000
  • Address: 2700 Northeast 18th Street, Fort Lauderdale
  • Market: Fort Lauderdale

The buyers in this transaction were David Salamon & Daniel Kirzner. The sellers were Villa Hayden. The brokers involved in the deal were Larry Shinbaum & Robert Auerbach. They represented the respective parties in the transaction.

Players

Robert (Bobby) Auerbach
1 deal$3M volume
BROKER

Larry Shinbaum
Luxuri International Realty
10 deals$57.5M volume
BROKER

Details

SOLD
IMAGE: David Salamon & Daniel Kirzner DATE: 01/15/2021 ADDRESS: 2700 Northeast 18th Street MARKET: Fort Lauderdale ASSET TYPE: SFR BUYER: David Salamon & Daniel Kirzner (@danielkirzner) SELLER: Villa Hayden BROKERS: Larry Shinbaum & Robert Auerbach SALE PRICE: $2,950,000 SF: 6,681 ~ PPSF: $442

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$157,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$10,480.74
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,984.51
Annual Debt Service$167,814.06