Ari & Kim Bennett Purchase Single Family Home From Michael Bulfin In Fort Lauderdale For $1.535M
1116 Southeast 11th Street
$1,535,000
$1,058/SF
Building Size
1,450 SF
Asset Type
Single Family Residence
Closing
Aug 7, 2025
AI
The property involved in the transaction is a single-family home located at 1116 Southeast 11th Street in Fort Lauderdale. The sale price for the property was $1,535,000, encompassing a total square footage of 1,450 and a price per square foot of $1,058.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $1,535,000
- Address: 1116 Southeast 11th Street
- Market: Fort Lauderdale
- Square Footage: 1,450
- Price Per Square Foot: $1,058
- Buyer: Ari & Kim Bennett
- Seller: Michael Bulfin
- Broker: Ali Seid - Compass
In this transaction, Ari & Kim Bennett acted as the buyers of the property, while Michael Bulfin was the seller. The deal was facilitated by broker Ali Seid, who represents the buyer in this transaction.
Players
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
10.33%
Cash-on-Cash
-2.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93