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2900 Northeast 24th Court, ...

Real Capital Analytics Acquires Single Family Property In Fort Lauderdale For $5.25M
SOLDSingle Family Residence

Real Capital Analytics Acquires Single Family Property In Fort Lauderdale For $5.25M

2900 Northeast 24th Court, Fort Lauderdale, FL, USA

$5,250,000

$1,350/SF

Building Size

3,888 SF

Asset Type

Single Family Residence

Closing

Apr 11, 2021

AI

The single-family property located at 2900 Northeast 24th Court in Fort Lauderdale has been sold in a recent transaction. The property spans 3,888 square feet and was sold for a price of $5,250,000, equating to approximately $1,350 per square foot.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $5,250,000
  • Market: Fort Lauderdale
  • Buyer: Robert M. White, Jr. - Real Capital Analytics
  • Seller: Bobby L. Williams & Puay-Hua Soh
  • Buyer's Representative: Carlos Costa - Charles Rutenberg Realty
  • Seller's Representative: Amy Talkow - Listingly

The buyer, Robert M. White, Jr. of Real Capital Analytics, acquired the property from Bobby L. Williams & Puay-Hua Soh. The buyer was represented by Carlos Costa of Charles Rutenberg Realty, while the seller was represented by Amy Talkow of Listingly.

Players

Carlos Costa

Charles Rutenberg Realty

Broker

$10.8M

vol

2 deals

Broker

Robert M. White Jr

Real Capital Analytics

Buyer

$18.8M

vol

2 deals

Buyer

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

3.02%

Cash-on-Cash

-0.86%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93