Updated Dec 20, 2023
Paul Squarcia Acquires Fort Lauderdale SFR For $3M With Luxe Properties
3030 Northeast 41st Street, Fort Lauderdale, Florida 33308, United States
$3,000,000
$1,080/SF
Building Size
2,776 SF
Asset Type
Single Family Residence
Closing
Jun 9, 2022
About this deal
AI
A single-family residence located at 3030 NE 41st St in Fort Lauderdale has been sold for a price of $3,000,000. The property spans across 2,776 square feet and has been purchased by Paul Squarcia. The buyer was represented by Alex Ilic from Luxe Properties. The seller of the property was Paige Conlan & Tom Conlan.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $3,000,000
- Address: 3030 NE 41st St
- Market: Fort Lauderdale
- Buyer: Paul Squarcia
- Seller: Paige Conlan & Tom Conlan
- Buyer's Representative: Alex Ilic - Luxe Properties
- Square Footage: 2,776
- Price Per Square Foot: $1,081
Alex Ilic from Luxe Properties acted as the buyer's representative in this transaction. The sale of the property was completed on 06/10/2022. The property, with a price per square foot of $1,081, offers a spacious living space and is located in Fort Lauderdale's market.
Players
Fort Lauderdale Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.1K per square foot on a published $3M for 2,776 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93