Grace Brothers Acquires Single Family Property In Fort Lauderdale For $5.15M
441 San Marco Drive, Fort Lauderdale, FL, USA
$5,150,000
$768/SF
Building Size
6,700 SF
Asset Type
Single Family Residence
Closing
Apr 18, 2021
AI
The single-family property located at 441 San Marco Drive in Fort Lauderdale has been sold in a recent transaction. The property spans approximately 6,700 square feet and was sold for a price of $5,150,000, resulting in a price per square foot of $769.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $5,150,000
- Buyer: Grace Brothers
- Seller: Lyudmila Gorlova
- Brokers: Tim Elmes & Chad Carroll - Compass
The transaction involved the buyer, Grace Brothers, and the seller, Lyudmila Gorlova. The buyer was represented by Christopher Brothers from Merchant Capital, while the seller was represented by Igor Generalov from Global Realty Partners. The brokers involved in the deal were Tim Elmes and Chad Carroll from Compass.
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
3.08%
Cash-on-Cash
-0.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93