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Cognac 33 LLC Sells Fort Lauderdale Single Family Property For $4.55M With Buyer's Rep Yoana Toth, P.A. And Seller's Rep Michelle Holtzheuser

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SOLD
$4,550,000

Florida

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Single Family Residence5,921 SF
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SOLD

Cognac 33 LLC Sells Fort Lauderdale Single Family Property For $4.55M With Buyer's Rep Yoana Toth, P.A. And Seller's Rep Michelle Holtzheuser

33 Isla Bahia Drive, Fort Lauderdale, FL, USA

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Single Family Residence5,921 SF
Sold
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$768
Total Square Footage:5921 SF
Transaction Type:Sale

The property involved in the transaction is a single-family home located at 33 Isla Bahia Drive in Fort Lauderdale. The sale took place on March 16, 2021. The property has a total area of 5,921 square feet and was sold for a price of $4,550,000. The asking price for the property was $5,995,000, making the sale price $1,445,000 below the initial asking price. The price per square foot (PPSF) for the property is $768.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $4,550,000
  • Address: 33 Isla Bahia Drive, Fort Lauderdale
  • Market: Fort Lauderdale

The buyer's representative in this transaction was Yoana Toth, P.A. from Toth Real Estate Group, Inc. Yoana Toth can be reached via her Instagram handle @yoanatoth_realtor. The seller was represented by Michelle Holtzheuser from Florida Luxurious Properties. Michelle Holtzheuser can be contacted through her Instagram handle @holty220.

Players

1 deal$4.6M volume
BROKER

Yoana Toth
3 deals$14.7M volume
BROKER

Details

SOLD
IMAGE: Michelle Holtzheuser & Yoana Toth DATE: 03/16/2021 ADDRESS: 33 Isla Bahia Drive MARKET: Fort Lauderdale ASSET TYPE: Single Family SELLER: Cognac 33 LLC BUYER'S REP: Yoana Toth, P.A. @yoanatoth_realtor - Toth Real Estate Group, Inc SELLER'S REP: Michelle Holtzheuser @holty220 - Florida Luxurious Properties ASKING PRICE: $5,995,000 SALE PRICE: $4,550,000 SF: 5,921 ~ PPSF: $768

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$16,165.19
Cash-on-Cash Return-1.27%
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