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627 Poinciana Dr, Fort Laud...

Marcelo Steinmander P.A Acquires SFR In Fort Lauderdale For $2.65M
SOLDSingle Family Residence

Marcelo Steinmander P.A Acquires SFR In Fort Lauderdale For $2.65M

627 Poinciana Dr, Fort Lauderdale, FL, USA

$2,650,000

$855/SF

Building Size

3,096 SF

Asset Type

Single Family Residence

Closing

Sep 30, 2021

AI

The SFR located at 627 Poinciana Dr in Fort Lauderdale has been sold on September 30, 2021. The property spans 3,096 square feet with a price per square foot of $856. It was listed with an asking price of $2,999,999 and was sold for $2,650,000.

Summary of Transaction Details

  • Property Type: SFR
  • Transaction Amount: $2,650,000
  • Address: 627 Poinciana Dr, Fort Lauderdale
  • Market: Fort Lauderdale

The sale was handled by Marcelo Steinmander P.A from BHHS EWM Realty. Their expertise and representation were crucial throughout the transaction.

Players

Marcelo Steinmander

Berkshire Hathaway HomeServices

Broker

$10.9M

vol

2 deals

Broker

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

5.99%

Cash-on-Cash

-1.71%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93