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2841 Northeast 37th Court

Miguel Zubizarreta Acquires Fort Lauderdale SFR From Victor & Anto Pekic For $8M
SOLDSingle Family Residence

Miguel Zubizarreta Acquires Fort Lauderdale SFR From Victor & Anto Pekic For $8M

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 Fort Lauderdale has been sold in a recent transaction. The property features a total square footage of 6,759 and is situated in the Fort Lauderdale market.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $8,000,000
  • Asking Price: $7,849,000
  • Price per Square Foot: $1,184
  • Date: 10/13/2021

The buyer of the property was Miguel Zubizarreta, while the sellers were Victor & Anto Pekic. Aleksandra Obraztsova from Douglas Elliman represented Miguel Zubizarreta as the buyer's agent, and Marc Brandt and Pietro Belmonte, also from Douglas Elliman, represented Victor & Anto Pekic as the sellers' agents.

Players

Pietro Belmonte

Douglas Elliman

Broker

$97.9M

vol

16 deals

Broker

Anto Pekic

Seller

$28.2M

vol

3 deals

Seller

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