Updated Dec 22, 2023
George Quatela Acquires Single Family Property In Pompano Beach, FL For $3.3M
6970 NW 87th Ave, Miami, FL, USA
$3,300,000
$445/SF
Building Size
7,407 SF
Asset Type
Single Family Residence
Closing
Sep 14, 2021
About this deal
AI
A single-family property located at 6970 NW 87th Ave in Pompano Beach, FL, was recently sold in a transaction that closed on September 15, 2021. The property spans across 7,407 square feet and was sold at a price of $3,300,000, resulting in a price per square foot of $446.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $3,300,000
- Address: 6970 NW 87th Ave, Pompano Beach, FL
- Market: Pompano Beach, FL
The buyer of the property is George Quatela, while the seller is Stephane Maltais. They were represented by their respective brokers in the transaction.
Players
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $445 per square foot on a published $3.3M for 7,407 square feet (2021).
Browse Florida single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93