Joshua Sawicki Acquires The Sheppard Estate In Fort Lauderdale From William Eberhardt
1620 East Las Olas Boulevard
$3,795,000
$512/SF
Building Size
7,409 SF
Asset Type
Single Family
Closing
Oct 27, 2023
AI
The Sheppard Estate, located at 1620 East Las Olas Boulevard in Fort Lauderdale, has been sold in a recent transaction. The single-family property spans across 7,409 square feet, offering ample space for its occupants. The sale price was finalized at $3,795,000, with a price per square foot of $512. The estate's prime location on East Las Olas Boulevard contributes to its allure in the market.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $3,795,000
- Address: 1620 East Las Olas Boulevard
- Market: Fort Lauderdale
- Square Footage: 7,409
In this transaction, Joshua Sawicki acted as the buyer, while William Eberhardt served as the seller. The buyer was represented by Benjamin Mayell, Allissar Ostrer, and Jenna Scotti from Mayell Real Estate. On the seller's side, Anthony Siconolfi from Douglas Elliman acted as the seller's representative.
Players
Fort Lauderdale Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.18%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93