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Jack Hunter Stapleton Sells SFR In Fort Lauderdale For $4.5M With Sharon Beck & Larry Shinbaum - Luxuri International

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SOLD
$4,500,000

Florida

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Single Family Residence6,058 SF
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Jack Hunter Stapleton Sells SFR In Fort Lauderdale For $4.5M With Sharon Beck & Larry Shinbaum - Luxuri International

310 Se 11th Ave, Fort Lauderdale, Fl, Usa

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Single Family Residence6,058 SF
Sold
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$742
Total Square Footage:6058 SF
Transaction Type:Sale

A single-family residential property located at 310 SE 11 Ave in Fort Lauderdale has been sold for $4,500,000. The transaction took place on June 25, 2021, and the property was listed for an asking price of $4,750,000. The property has a total size of 6,058 square feet, resulting in a price per square foot of $742. The lot size is 9,081 square feet.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $4,500,000
  • Address: 310 SE 11 Ave, Fort Lauderdale
  • Market: Fort Lauderdale

The seller of the property was Jack Hunter Stapleton. The sale was facilitated by Sharon Beck and Larry Shinbaum, representing Luxuri International.

Players

Larry Shinbaum
10 deals$57.5M volume
BROKER

Sharon Beck
The Agency
10 deals$80.4M volume(917) 734-1659
BROKER

Details

SOLD
IMAGE: Larry Shinbaum & Sharon Beck DATE: 06/25/2021 ADDRESS: 310 SE 11 Ave MARKET: Fort Lauderdale ASSET TYPE: SFR SELLER: Jack Hunter Stapleton BROKERS: Sharon Beck (@SharonSellsMiami) & Larry Shinbaum (@LarryShinbaum) - Luxuri International ASKING PRICE: $4,750,000 SALE PRICE: $4,500,000 SF: 6,058 ~ PPSF: $742 LOT SF: 9,081

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$240,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$15,987.55
Cash-on-Cash Return-1.27%
Monthly Debt Service$21,332.30
Annual Debt Service$255,987.55