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Erik & Anna Kudla Acquire Surfside SFR On Froude Ave For $2.3M

Property Image
SOLD
$2,300,000
Jared Robins
+ 1

Florida

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Single Family Residence2,561 SF
Sold 09/08/2022
the dealplayerscompscontact
Property Image
SOLD

Erik & Anna Kudla Acquire Surfside SFR On Froude Ave For $2.3M

8858 Froude Avenue, Surfside, Florida 33154, United States

See Similar Deals
Single Family Residence2,561 SF
Sold 09/08/2022
Jared Robins
+ 1
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$898
Total Square Footage:2,561 SF
Transaction Type:Sale

The property involved in this closed transaction is a single-family residence located at 8858 Froude Ave in Surfside. The sale date was on 09/08/2022, with a transaction price of $2,300,000. The property spans 2,561 square feet, resulting in a price per square foot (PPSF) of $898.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $2,300,000
  • Market: Surfside
  • Address: 8858 Froude Ave

Erik & Anna Kudla were the buyers in this transaction, while Daniel & Elana Jacoby acted as the sellers. The deal was facilitated by Jared Robins from One Sotheby's International Realty and Tova Rosen from The Newman Group.

Players

2 deals$5.7M volume
BROKER


Sotheby's International Realty
BROKERAGE


2 deals$2.3M volume
BUYER

Details

SOLD
IMAGE: Tova Rosen & Jared Robins DATE: 09/08/2022 ADDRESS: 8858 Froude Ave MARKET: Surfside ASSET TYPE: SFR BUYER: Erik & Anna Kudla SELLER: Daniel & Elana Jacoby BROKERS: Jared Robins (@JRobins09), (@MrLuxuryGroup) - One Sotheby's International Realty (@ONESIR); Tova Rosen (@TovaRosenRealtor) - The Newman Group SALE PRICE: $2,300,000 SF: 2,561 ~ PPSF: $898

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

$122,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,171.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,903.17
Annual Debt Service$130,838.08