Updated Apr 14, 2026
Poran Bal-Shamaei Sells Single Family Home At 449 Isle Of Palms Drive For $4.05M
449 Isle Of Palms Drive
$4,050,000
$952/SF
Building Size
4,251 SF
Asset Type
Single Family Residence
Closing
Dec 3, 2025
About this deal
AI
The property asset involved in this transaction is a single-family home located at 449 Isle of Palms Drive in the Fort Lauderdale market. The sale was completed at a price of $4,050,000, encompassing a total square footage of 4,251, resulting in a price per square foot of $952.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $4,050,000
- Address: 449 Isle of Palms Drive
- Market: Fort Lauderdale
- Square Footage: 4,251
- Price Per Square Foot: $952
- Seller: Poran Bal-Shamaei
- Broker: Giulio Milano - Compass
The deal featured Poran Bal-Shamaei as the seller, with broker Giulio Milano representing the transaction. This involvement highlights the engagement of Compass in the real estate brokerage domain associated with the sale.
Players
Fort Lauderdale Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $952 per square foot on a published $4.1M for 4,251 square feet (2025).
Visit Giulio Milano 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
3.92%
Cash-on-Cash
-1.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93