Cicardo Development Sells Single Family Home In Fort Lauderdale For $13.9M With Tim Schirripa And Jordan Karp
2880 Northeast 28th Street
$13,900,000
$1,071/SF
Building Size
12,976 SF
Asset Type
Single Family Residence
Closing
Mar 18, 2026
AI
The property asset involved in this transaction is a single-family home located at 2880 Northeast 28th Street in Fort Lauderdale. The sale price for this asset was $13,900,000, and it boasts a total square footage of 12,976, resulting in a price per square foot of $1,071.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $13,900,000
- Address: 2880 Northeast 28th Street
- Market: Fort Lauderdale
- Square Footage: 12,976
- Price per Square Foot: $1,071
- Seller: Cicardo Development
- Buyer's Representative: Jordan Karp - Jordan Karp LLC
- Seller's Representative: Tim Schirripa - Coldwell Banker
The deal involved key individuals including the seller, Cicardo Development, and the representatives for both the buyer and seller. Jordan Karp from Jordan Karp LLC represented the buyer in this transaction, while Tim Schirripa from Coldwell Banker represented the seller.
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
1.14%
Cash-on-Cash
-0.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93