facebook
Traded Co logo
Submit

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

Property Image
SOLD
$8,000,000

Florida

See Similar Deals
Single Family Residence6,759 SF
Sold 10/13/2021
the dealplayerscompscontact
Property Image
SOLD

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

2841 Northeast 37th Court

See Similar Deals
Single Family Residence6,759 SF
Sold 10/13/2021
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,183
Total Square Footage:6,759 SF
Transaction Type:Sale

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
14 deals$88.1M volume
BROKER

Marc Brandt
Douglas Elliman
8 deals$94.2M volume
BROKER

Aleksandra Obraztsova
Douglas Elliman
4 deals$22.6M volume
BROKER

Details

SOLD
IMAGE: Aleksandra Obraztsova DATE: 10/13/2021 ADDRESS: 2841 NE 37th Ct MARKET: Coral Ridge, Fort Lauderdale ASSET TYPE: SFR BUYER'S REP: Aleksandra Obraztsova (@Residencess), (@Sobesasha) - Douglas Elliman SELLER'S REP: Marc Brandt (@MarcBrandt) & Pietro Belmonte (@PietroBelmonte) - Douglas Elliman SALE PRICE: $8,000,000 SF: 6,759

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$426,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$28,422.30
Cash-on-Cash Return-1.27%
Monthly Debt Service$37,924.08
Annual Debt Service$455,088.98