Adam Gordon Of Fort Lauderdale Collection Acquires Single-Family Home In Aventura For $6.5M
SOLD
$6,500,000
Florida
See Similar DealsSingle Family Residence4,803 SF
Sold 10/25/2021
SOLD
Adam Gordon Of Fort Lauderdale Collection Acquires Single-Family Home In Aventura For $6.5M
Aventura, FL, USA
See Similar DealsSingle Family Residence4,803 SF
Sold 10/25/2021
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,353
Total Square Footage:4,803 SF
Transaction Type:Sale
A single-family home located in Aventura has been sold for $6,500,000. The property spans 4,803 square feet, with a price per square foot of $1,353. The sale was completed on October 25, 2021.
Summary of transaction details:
- Property Type: Single-Family
- Transaction Amount: $6,500,000
- Market: Aventura
- Buyer: Adam Gordon - Fort Lauderdale Collection
- Seller: Joshua Coba - European Wax Center
- Broker: Chad Carroll - The Carroll Group - Compass
- Square Footage: 4,803
- Price per Square Foot: $1,353
The buyer in this transaction was Adam Gordon from Fort Lauderdale Collection, while the seller was Joshua Coba from European Wax Center. Representing the deal was Chad Carroll from The Carroll Group, affiliated with Compass.
Players
SELLER
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$346,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$23,093.12
Cash-on-Cash Return-1.27%
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Annual Debt Service$369,759.79
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