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2719 Northeast 14th Street

Luxuri International Realty Represents Seller In $4.8M Sale Of Fort Lauderdale Vacation Rental
SOLDSingle Family Residence

Luxuri International Realty Represents Seller In $4.8M Sale Of Fort Lauderdale Vacation Rental

2719 Northeast 14th Street

$4,800,000

$1,101/SF

Building Size

4,356 SF

Asset Type

Single Family Residence

Closing

Feb 3, 2025

AI

This single-family home located at 2719 Northeast 14th Street in Fort Lauderdale has a sale price of $4,800,000. The property spans 4,356 square feet and has a price per square foot of $1,101. It consists of 4 bedrooms and was previously utilized as a vacation rental.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $4,800,000
  • Square Footage: 4,356
  • Price Per Square Foot: $1,101
  • Seller's Representative: Larry Shinbaum - Luxuri International Realty
  • Market: Fort Lauderdale

The deal involved Larry Shinbaum from Luxuri International Realty as the seller's representative. The property was generating approximately $40,000 per month as a vacation rental under the management of Luxuri International Realty.

Players

Larry Shinbaum

Luxuri International Realty

Broker

$57.5M

vol

10 deals

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

3.30%

Cash-on-Cash

-0.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93