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Thomas W. Richardson's Sunrise Vistas Land Trust Acquires Fort Lauderdale Mansion For $15M

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SOLD
$15,000,000

Florida

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Single Family12,175 SF
Sold 03/12/2025
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Property Image
SOLD

Thomas W. Richardson's Sunrise Vistas Land Trust Acquires Fort Lauderdale Mansion For $15M

3080 Northeast 41st Street

See Similar Deals
Single Family12,175 SF
Sold 03/12/2025
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$1,232
Total Square Footage:12,175 SF
Transaction Type:Sale

A single-family waterfront mansion located at 3080 Northeast 41st Street in Fort Lauderdale was sold for $15 million. The property spans a total of 12,175 square feet and has a price per square foot of $1,232. Built in 2018, this residence features 330 feet of waterfrontage and was previously sold for $13.9 million in 2022.

Summary of transation details:

  • Property Type: Single Family
  • Transaction Amount: $15,000,000
  • Buyer: Thomas W. Richardson - Sunrise Vistas Land Trust
  • Seller: Phillip Kirschbaum
  • Broker: Alexander Goldstein - Miles Goldstein Real Estate
  • Square Footage: 12,175
  • Price Per Square Foot: $1,232
  • Address: 3080 Northeast 41st Street
  • Market: Fort Lauderdale

Alexander Goldstein represented the seller, Phillip Kirschbaum, in this transaction. The property reflects a strategic move by the buyer, investing in a luxury asset within a prime location.

Players

Alexander Goldstein
Miles Goldstein Real Estate
Alexander Goldstein
26 deals$281.6M volume
BROKER

Details

SOLD
IMAGE: Alexander Goldstein DATE: 03/12/2025 ADDRESS: 3080 Northeast 41st Street MARKET: Fort Lauderdale ASSET TYPE: Single Family BUYER: Thomas W. Richardson - Sunrise Vistas Land Trust SELLER: Phillip Kirschbaum BROKER: Alexander Goldstein (@MrAlexGoldstein) - Miles Goldstein Real Estate (@MilesGoldstein_RealEstate) SALE PRICE: $15,000,000 SF: 12,175 ~ PPSF: $1,232 NOTE: Phillip Kirschbaum sold a 12,175-square-foot waterfront mansion in Fort Lauderdale for $15 million to the Sunrise Vistas Land Trust. The home, built in 2018 with 330 feet of waterfrontage, last traded for $13.9 million in 2022.

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

$799,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$53,291.84
Cash-on-Cash Return-1.27%
Monthly Debt Service$71,107.65
Annual Debt Service$853,291.83