Marisa A Levine Sells Single Family Home In Fort Lauderdale For $3.5M With Frank H. Navarro As Buyer's Rep
SOLD
$3,500,000
Florida
See Similar DealsSingle Family5,139 SF
Sold 03/14/2024
SOLD
Marisa A Levine Sells Single Family Home In Fort Lauderdale For $3.5M With Frank H. Navarro As Buyer's Rep
1115 Southeast 7th Street
See Similar DealsSingle Family5,139 SF
Sold 03/14/2024
Summary
FLORIDA
Asset Type:Single Family
Price Per Square Foot:$681
Total Square Footage:5,139 SF
Transaction Type:Sale
The property involved in this transaction is a single-family home located at 1115 Southeast 7th Street in Fort Lauderdale. The sale price for the asset was $3,500,000, and it covers an area of 5,139 square feet. The price per square foot amounts to $681.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $3,500,000
- Address: 1115 Southeast 7th Street
- Market: Fort Lauderdale
- Square Footage: 5,139
- Price per Square Foot: $681
- Seller: Marisa A Levine
- Buyer's Representative: Frank H. Navarro - Douglas Elliman
The individuals involved in this transaction include the seller, Marisa A Levine, and the buyer's representative, Frank H. Navarro, who is affiliated with Douglas Elliman. They played key roles in facilitating the sale of the property.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$186,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,434.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,591.79
Annual Debt Service$199,101.43
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