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441 San Marco Drive, Fort L...

Grace Brothers Acquires Single Family Property In Fort Lauderdale For $5.15M
SOLDSingle Family Residence

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

Chad Carroll

Compass

Broker

$1.7B

vol

85 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

3.08%

Cash-on-Cash

-0.88%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93