Updated Apr 9, 2026
Giulio Milano Of Compass Represents Buyer In $12.2M Sale Of Fort Lauderdale Single Family Home
41 Northeast 21st Avenue
$12,200,000
$1,730/SF
Building Size
7,050 SF
Asset Type
Single Family Residence
Closing
Mar 25, 2025
About this deal
AI
The property asset involved in this transaction is a single-family home located at 41 Nurmi Drive in Fort Lauderdale. The sale price reached $12,200,000, with a total square footage of 7,050 and a price per square foot of $1,730.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $12,200,000
- Address: 41 Nurmi Drive
- Market: Fort Lauderdale
- Square Footage: 7,050
- Price Per Square Foot: $1,730
- Buyer's Representative: Giulio Milano - Compass
- Seller's Representatives: Daniel Hertzberg - Coldwell Banker; Chip Falkanger - Compass
This transaction marks a record-breaking sale on Nurmi Drive and sets a new benchmark in the market, reflecting the significant involvement of the agents representing both the buyer and the seller in this high-value deal.
Players
Fort Lauderdale Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
Visit Daniel (Danny) Hertzberg to view all their deals.
Browse Fort Lauderdale single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.30%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93