John Moran Jr. Acquires SFR In Fort Lauderdale For $7.5M
5 Isla Bahia Terrace, Fort Lauderdale, FL 33316, USA
$7,500,000
$1,071/SF
Building Size
7,000 SF
Asset Type
Single Family Residence
Closing
Oct 11, 2020
AI
The SFR located at 5 Isla Bahia Terrace in Fort Lauderdale was recently sold for a price of $7,500,000. The property spans 7,000 square feet, resulting in a price per square foot of $1,071.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $7,500,000
- Address: 5 Isla Bahia Terrace, Fort Lauderdale
- Market: Fort Lauderdale
The buyer of the property was John Moran Jr., while the sellers were Aldona and Neil J. Principe. The transaction was facilitated by brokers Sheryl Hodor and Troy Hotchkiss from the Hodor Hotchkiss Team.
Players
Fort Lauderdale Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.12%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93