Jaclyn Bild's Douglas Elliman Acquires SFR On Las Olas For $7.35M
650 Isle of Palms Drive, Fort Lauderdale, FL 33301, USA
$7,350,000
$1,114/SF
Building Size
6,596 SF
Asset Type
Single Family Residence
Closing
Aug 20, 2020
AI
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
Fort Lauderdale Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.16%
Cash-on-Cash
-0.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93