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3320 Northeast 58th Street,...

Ayers Wild Cat Conservation Trust Acquires Fort Lauderdale SFR For $10.1M
SOLDSingle Family Residence

Ayers Wild Cat Conservation Trust Acquires Fort Lauderdale SFR For $10.1M

3320 Northeast 58th Street, Fort Lauderdale, FL, USA

$10,100,000

$1,202/SF

Building Size

8,400 SF

Asset Type

Single Family Residence

Closing

Dec 2, 2020

AI

A single-family residence located at 3320 Northeast 58th Street in Fort Lauderdale has been sold in a recent transaction. The property, with a total area of 8,400 square feet, was purchased by Heryun Ayers and Jonathan W. Ayers on behalf of the Ayers Wild Cat Conservation Trust. The seller of the property was George C. Catzavelos. The transaction was facilitated by Rory Vanucchi and Julie Jones-Bernard of Florida Luxurious Properties.

Summary of transaction details:

  • Property Type: Single-Family Residence
  • Transaction Amount: $10,100,000
  • Square Footage: 8,400
  • Price per Square Foot: $1,202
  • Address: 3320 Northeast 58th Street, Fort Lauderdale
  • Market: Fort Lauderdale

Heryun Ayers and Jonathan W. Ayers, representing the Ayers Wild Cat Conservation Trust, acquired the property from George C. Catzavelos. Rory Vanucchi and Julie Jones-Bernard of Florida Luxurious Properties served as the brokers in the transaction.

Players

Rory Vanucchi

Broker

$34.1M

vol

3 deals

Broker

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

1.57%

Cash-on-Cash

-0.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93