Compass Represents Buyer In $3.15M Sale Of Fort Lauderdale SFR
616 1st Key Dr, Fort Lauderdale, FL, USA
$3,150,000
$716/SF
Building Size
4,398 SF
Asset Type
Single Family Residence
Closing
May 20, 2021
AI
A single-family home located at 616 1st Key Dr in Fort Lauderdale has been sold. The transaction took place on May 21, 2021. The property, with a total area of 4,398 square feet, was listed for sale by Jody Lewis from the Compass agency. The seller's representative in this deal was Marc Brandt, also known as @MarcBrandt on Instagram.
Summary of transaction details:
- Property Type: Single-Family Home
- Transaction Amount: $3,150,000
- Market: Fort Lauderdale
- Asking Price: $3,490,000
- Price per Square Foot: $716
The buyer was represented by Jody Lewis from Compass agency. The final sale price reached was $3,150,000, which translates to a price per square foot of $716.
Players
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
5.04%
Cash-on-Cash
-1.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93