Updated Dec 4, 2024
Rose Sklar & Dean Sklar Acquire Single Family Home In Fort Lauderdale For $7.7M
1808 Southeast 7th Street
$7,700,000
$982/SF
Building Size
7,836 SF
Asset Type
Single Family
Closing
Nov 1, 2023
About this deal
AI
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
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
2.06%
Cash-on-Cash
-0.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93