Paul Vickers Acquires 500 Oleander Drive SFR In Hallandale Beach For $4.75M
500 Oleander Drive, Hallandale Beach, FL, USA
$4,750,000
$805/SF
Building Size
5,900 SF
Asset Type
Single Family Residence
Closing
Dec 17, 2020
AI
500 Oleander Drive, located in Hallandale Beach, was recently sold in a transaction on December 18, 2020. The single-family residence (SFR) spans 5,900 square feet and boasts a selling price of $4,750,000. With a price per square foot of $800, this property showcases its allure in the competitive Hallandale Beach market.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $4,750,000
- Address: 500 Oleander Drive
- Market: Hallandale Beach
- Buyer: Paul Vickers
- Seller: 500 Oleander Drive
- Buyer's Representatives: Scott Klein - Isignia International Properties, Michell Bitton - Compass
- Seller's Representative: Alan Chocron - Douglas Elliman Real Estate
Scott Klein from Isignia International Properties and Michell Bitton from Compass represented the buyer, Paul Vickers, in this transaction, while Alan Chocron of Douglas Elliman Real Estate served as the seller's representative. With their expertise and negotiation skills, these professionals ensured a successful and smooth deal for their respective clients.
Players
Hallandale Beach 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
3.34%
Cash-on-Cash
-0.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93