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2700 Northeast 18th Street,...

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

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

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

$2,950,000

$441/SF

Building Size

6,681 SF

Asset Type

Single Family Residence

Closing

Jan 14, 2021

AI

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 Auerbach

Compass

Broker

$3M

vol

1 deal

Broker

Fort Lauderdale Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.38%

Cash-on-Cash

-1.54%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93