Leonard Williams Acquires Las Olas Single Family Home For $6.8M
Las Olas, Fort Lauderdale, Florida 33316, United States
$6,800,000
$887/SF
Building Size
7,660 SF
Asset Type
Single Family Residence
Closing
May 30, 2022
AI
A single-family property located in Las Olas, Fort Lauderdale, was recently sold for a total of $6,800,000. The transaction took place on May 31, 2022, and the property spans 7,660 square feet, with a price per square foot of $888. The asset sits on approximately 0.2 acres.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $6,800,000
- Market: Las Olas, Fort Lauderdale
- Square Footage: 7,660
- Price Per Square Foot: $888
The buyer of the property was Leonard Williams, representing the company ygiants. On the other hand, Galo Coba and Jessica Atkins served as the sellers. Tanya Vanterpool from Macken Realty represented the buyer, while Marc Hameroff from Engel & Völkers represented the sellers in the deal.
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
2.33%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93