Max Farbstein & Ryan Farbstein Sell 7,716 SF SFR In Fort Lauderdale For $11.75M
52 Royal Palm Dr Fort Lauderdale, FL 33301, USA
$11,750,000
$1,522/SF
Building Size
7,716 SF
Asset Type
Single Family Residence
Closing
Jul 14, 2023
AI
A single-family home located at 52 Royal Palm Drive in Fort Lauderdale has been sold for $11,750,000. The property spans 7,716 square feet with a price per square foot of $1,523.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $11,750,000
- Square Footage: 7,716
- Price per Square Foot: $1,523
- Address: 52 Royal Palm Drive, Fort Lauderdale
The buyer's representative in this transaction was Alexander Goldstein from Miles Goldstein Real Estate. The seller's representatives were Max Farbstein and Ryan Farbstein from Douglas Elliman.
Players
Miami 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
1.35%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93