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2841 Northeast 37th Court

Douglas Elliman Represents $8M Sale Of SFR In Coral Ridge, Fort Lauderdale
SOLDSingle Family Residence

Douglas Elliman Represents $8M Sale Of SFR In Coral Ridge, Fort Lauderdale

2841 Northeast 37th Court

$8,000,000

$1,183/SF

Building Size

6,759 SF

Asset Type

Single Family Residence

Closing

Oct 13, 2021

AI

A single-family home located at 2841 NE 37th Ct in the Coral Ridge neighborhood of Fort Lauderdale has been sold for $8,000,000. The property spans over 6,759 square feet and was sold on October 13, 2021. The transaction was facilitated by Aleksandra Obraztsova from Douglas Elliman, who represented the buyer. The seller was represented by Marc Brandt and Pietro Belmonte, also from Douglas Elliman.

Summary of transaction details:

  • Property Type: Single-Family Home
  • Transaction Amount: $8,000,000
  • Address: 2841 NE 37th Ct
  • Market: Coral Ridge, Fort Lauderdale
  • Buyer's Representative: Aleksandra Obraztsova - Douglas Elliman
  • Seller's Representatives: Marc Brandt & Pietro Belmonte - Douglas Elliman
  • Square Footage: 6,759

Aleksandra Obraztsova, from Douglas Elliman, represented the buyer in this transaction. This sale is a significant addition to the Fort Lauderdale market and showcases the expertise of the professionals involved in the deal.

Players

Pietro Belmonte

Douglas Elliman

Broker

$97.9M

vol

16 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

1.98%

Cash-on-Cash

-0.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93