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2300 Middle River Drive

Stephen Carlino & Dennis Fee Buy Single Family Home In Fort Lauderdale For $1.14M
SOLDSingle Family

Stephen Carlino & Dennis Fee Buy Single Family Home In Fort Lauderdale For $1.14M

2300 Middle River Drive

$1,140,000

$642/SF

Building Size

1,775 SF

Asset Type

Single Family

Closing

Jun 24, 2024

AI

The property located at 2300 Middle River Drive in Fort Lauderdale, within the Coral Ridge neighborhood, was recently sold for $1,140,000. This single-family home spans 1,775 square feet, resulting in a price per square foot of $642.

Summary of transaction details:

The sale of this property was orchestrated by the skilled team at Grandiose Real Estate, who represented both the buyer and the seller. If you are interested in properties in the Coral Ridge neighborhood of Fort Lauderdale, Grandiose Real Estate is a top choice for facilitating successful real estate transactions.

Players

Grigoriy Stepanyan

Grandiose Real Estate

Broker

$3.6M

vol

3 deals

Broker

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

13.91%

Cash-on-Cash

-3.98%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93