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Jaclyn Bild's Douglas Elliman Acquires SFR On Las Olas For $7.35M

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Jaclyn Bild

$7,350,000

SOLD
$7,350,000

Florida

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Single Family Residence6,596 SF
Sold 08/20/2020
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Jaclyn Bild

$7,350,000

SOLD

Jaclyn Bild's Douglas Elliman Acquires SFR On Las Olas For $7.35M

650 Isle of Palms Drive, Fort Lauderdale, FL 33301, USA

See Similar Deals
Single Family Residence6,596 SF
Sold 08/20/2020
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,114
Total Square Footage:6,596 SF
Transaction Type:Sale

The property asset involved in this transaction is a single-family residence located at 650 Isle of Palms Drive in the Las Olas market of Fort Lauderdale. It has a total square footage of 6,596, and the asking price was set at $7,450,000, while the final sale price came to $7,350,000, resulting in a price per square foot of $1,114.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $7,350,000
  • Address: 650 Isle of Palms Drive
  • Market: Las Olas, Fort Lauderdale
  • Asking Price: $7,450,000
  • Square Footage: 6,596
  • Price per Square Foot: $1,114
  • Buyer's Representative: Jaclyn Bild - Douglas Elliman

The representative for the buyer in this transaction is Jaclyn Bild from Douglas Elliman, facilitating the sale and assisting in navigating the negotiations associated with this property in Fort Lauderdale's competitive market.

Players

Jaclyn Bild
11 deals$82.2M volume(786) 210-7399
BROKER

Details

SOLD
IMAGE: Jaclyn Bild DATE: 08/20/2021 ADDRESS: 650 Isle of Palms Drive MARKET: Las Olas, Fort Lauderdale ASSET TYPE: SFR BUYER'S REP: Jaclyn Bild (@JackieBild) (@Miami.Homebound) - Douglas Elliman ASKING PRICE: $7,450,000 SALE PRICE: $7,350,000 SF: 6,596 ~ PPSF: $1,114

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$391,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$26,113.00
Cash-on-Cash Return-1.27%
Monthly Debt Service$34,842.75
Annual Debt Service$418,113.00