Updated Dec 20, 2023
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
About this deal
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.
On the Map
$8,000,000
$1,183/SF
Single Family Residence
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Players
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