Henrik Hedman Acquires SFR In Fort Lauderdale From John Rosatti - BurgerFi For $7M
315 Royal Plaza Drive, Fort Lauderdale, FL, USA
$7,000,000
$599/SF
Building Size
11,677 SF
Asset Type
Single Family Residence
Closing
Feb 16, 2021
AI
A single-family home located at 315 Royal Plaza Drive in Fort Lauderdale was recently sold for $7,000,000. Spanning over 11,677 square feet, the property boasts a price per square foot of $599. The transaction took place on February 17, 2021.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $7,000,000
- Address: 315 Royal Plaza Drive, Fort Lauderdale
- Market: Fort Lauderdale
The buyer in this deal was Henrik Hedman, while John Rosatti, the owner of BurgerFi, served as the seller. Ela Mast from Florida Luxurious Properties represented the buyer, and Talbot Sutter and Matthew Moser from Sutter & Nugent acted as the seller's representatives.
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
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93