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:
- Property Type: Single Family
- Transaction Amount: $1,140,000
- Buyer: Stephen Carlino & Dennis Fee
- Seller: Sam Spaulding
- Buyer's Representative: Grigoriy Stepanyan - Grandiose Real Estate
- Seller's Representative: Adam Burke - Grandiose Real Estate
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
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