CrossCountry Mortgage Sells Fort Lauderdale Waterfront Mansion For $30M
2412 Laguna Drive
$30,000,000
$3,174/SF
Building Size
9,451 SF
Asset Type
Single Family
Closing
Sep 19, 2023
AI
A Fort Lauderdale waterfront mansion located in Harbor Beach has been sold for $30 million, representing a remarkable 30% increase in value in just two years. The stunning property boasts six bedrooms, seven bathrooms, and a range of luxurious amenities. Situated on a 0.34-acre lot, the single-family home spans approximately 9,451 square feet, offering ample space and comfort. This sale highlights the strong demand in Broward County's upscale housing market, which has experienced a surge in affluent residents.
Summary of transation details
- Property Type: Single Family
- Transaction Amount: $30,000,000
- Address: 2412 Laguna Drive, Fort Lauderdale
- Market: Fort Lauderdale
- ACRES: 0.34
The buyer of the property, 2412 Laguna Holdings, acquired this spectacular mansion, while the seller, Ronald J. Leonhardt Jr., represented CrossCountry Mortgage. Chad Carroll, a broker from Compass, played a pivotal role in facilitating the transaction. The involvement of these key individuals and companies speaks to the expertise and reputation of those involved in the deal. With its significant value appreciation and exclusive features, this sale exemplifies the thriving luxury real estate market in Broward County.
Players
Fort Lauderdale Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.53%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93