Updated Dec 20, 2023
Joshua Greenman Acquires SFR In Fort Lauderdale For $8.7M
34 Northeast 21st Avenue, Fort Lauderdale, Florida 33301, United States
$8,700,000
$1,034/SF
Building Size
8,410 SF
Asset Type
Single Family Residence
Closing
Jan 31, 2022
About this deal
AI
The SFR property located at 34 Nurmi Dr in Fort Lauderdale, FL has been sold in a recent transaction. The property spans across 8,410 square feet and was sold for a price of $8,700,000, resulting in a price per square foot of $1,034.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $8,700,000
- Address: 34 Nurmi Dr, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
- Buyer: Joshua Greenman
- Seller: Evan Ellman & Neil Ellman
Joshua Greenman acted as the buyer in this transaction, while Evan Ellman and Neil Ellman represented the seller. The successful closing of this deal highlights the importance of collaboration and negotiation between the involved parties.
Players
Fort Lauderdale Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
About $1K per square foot on a published $8.7M for 8,410 square feet (2022).
Visit Joshua Greenman to view all their deals.
Browse Florida single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.82%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93