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2791 Northeast 5th Street, ...

Bradley Title Acquires SFR In Pompano Beach For $5.9M
SOLDSingle Family Residence

Bradley Title Acquires SFR In Pompano Beach For $5.9M

2791 Northeast 5th Street, Pompano Beach, FL, USA

$5,900,000

$909/SF

Building Size

6,485 SF

Asset Type

Single Family Residence

Closing

Nov 24, 2021

AI

The recently closed property transaction in Pompano Beach involved a single-family residence located at 2791 NE 5th St. Featuring a total area of 6,485 square feet, the property was sold for a price of $5,900,000. The sale price signifies a price per square foot of $910, reflecting the value of the asset.

Summary of transaction details

  • Property Type: Single-Family Residence (SFR)
  • Transaction Amount: $5,900,000
  • Address: 2791 NE 5th St, Pompano Beach
  • Market: Pompano Beach

The buyer in this transaction was Bradley Title, while Leonard & Raymond Karam acted as the sellers. Facilitating the deal was George Khoury from GK Realty Group, serving as the broker. George Khoury represented the interests of both the buyer and the seller, ensuring a smooth transaction process.

With its impressive square footage and attractive sale price, the property at 2791 NE 5th St presents an opportunity for the buyers to acquire a highly desirable single-family residence in Pompano Beach. Through the expertise and guidance of George Khoury from GK Realty Group, this successful transaction was made possible.

Players

George Khoury

GK Realty Group

Broker

$27.4M

vol

3 deals

Broker

Pompano Beach 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

2.69%

Cash-on-Cash

-0.77%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93