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Cicardo Development Sells Single Family Home In Fort Lauderdale For $13.9M With Tim Schirripa And Jordan Karp

Property Image
SOLD
$13,900,000
Tim Schirripa
Jordan Karp

Florida

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Single Family Residence12,976 SF
Sold 03/18/2026
the dealplayerscompscontact
Property Image
SOLD

Cicardo Development Sells Single Family Home In Fort Lauderdale For $13.9M With Tim Schirripa And Jordan Karp

2880 Northeast 28th Street

See Similar Deals
Single Family Residence12,976 SF
Sold 03/18/2026
Tim Schirripa
Jordan Karp
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,071
Total Square Footage:12,976 SF
Transaction Type:Sale

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

Jordan Karp
Jordan Karp
51 deals$707.7M volume(305) 610-1689
BROKER
Tim Schirripa
Coldwell Banker
Tim Schirripa
3 deals$30M volume(954) 650-0366
BROKER
C
CicardoDevelopment
SELLER

Details

SOLD
IMAGE: Tim Schirripa & Jordan Karp DATE: 03/18/2026 ADDRESS: 2880 Northeast 28th Street MARKET: Fort Lauderdale ASSET TYPE: Single Family SELLER: Cicardo Development (@CicardoDevelopment) BUYER'S REP: Jordan Karp (@JayKarp) - Jordan Karp LLC (@JordanKarpLLC) SELLER'S REP: Tim Schirripa (@TimSchirripa) - (@TheSchirripaGroup) - Coldwell Banker (@ColdwellBanker) SALE PRICE: $13,900,000 SF: 12,976 ~ PPSF: $1,071

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

$741,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$49,383.78
Cash-on-Cash Return-1.27%
Monthly Debt Service$65,893.09
Annual Debt Service$790,717.10