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Rose Sklar & Dean Sklar Acquire Single Family Home In Fort Lauderdale For $7.7M

Property Image
SOLD
$7,700,000
Dean Sklar
Rose Sklar
Laurie Ermer

Florida

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Single Family7,836 SF
Sold 11/01/2023
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Property Image
SOLD

Rose Sklar & Dean Sklar Acquire Single Family Home In Fort Lauderdale For $7.7M

1808 Southeast 7th Street

See Similar Deals
Single Family7,836 SF
Sold 11/01/2023
Dean Sklar
Rose Sklar
Laurie Ermer
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$982
Total Square Footage:7,836 SF
Transaction Type:Sale

A single-family property located at 1808 Southeast 7th Street in Fort Lauderdale has been sold for $7,700,000. The property spans 7,836 square feet, resulting in a price per square foot of $983.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $7,700,000
  • Address: 1808 Southeast 7th Street
  • Market: Fort Lauderdale

The buyer's representatives for this transaction were Rose & Dean Sklar from Coldwell Banker Weston. Suzanne Maas acted as the seller in this deal. The seller's representative was Laurie Ermer from Compass Florida.

Players

Laurie Ermer
Compass
Laurie Ermer
1 deal$7.7M volume(954) 647-6870
BROKER
Dean Sklar
Coldwell Banker
Dean Sklar
1 deal$7.7M volume(954) 298-3616
BROKER
Rose Sklar
Coldwell Banker
Rose Sklar
3 deals$17.7M volume(954) 298-3626
BROKER

Details

SOLD
IMAGE: Rose Sklar, Dean Sklar & Laurie Ermer DATE: 11/01/2023 ADDRESS: 1808 Southeast 7th Street MARKET: Fort Lauderdale ASSET TYPE: Single Family SELLER: Suzanne Maas BUYER'S REP: Rose & Dean Sklar (@SklarTeam) - Coldwell Banker Weston (@ColdwellBankerWestonFL) SELLER'S REP: Laurie Ermer (@Laurieslauderdale) - Compass Florida (@CompassFL) SALE PRICE: $7,700,000 SF: 7,836 ~ PPSF: $983

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

$410,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$27,356.47
Cash-on-Cash Return-1.27%
Monthly Debt Service$36,501.93
Annual Debt Service$438,023.14