Updated May 12, 2025
Vicki Annette Winegeart's 38 Isla Bahia LLC Acquires 38 Isla Bahia Drive For $12.25M
38 Isla Bahia Drive
$12,250,000
$1,506/SF
Building Size
8,130 SF
Asset Type
Single Family
Closing
May 1, 2025
About this deal
AI
A single-family property located at 38 Isla Bahia Drive in Fort Lauderdale has been sold for $12,250,000. The asset encompasses 8,130 square feet of living space and is situated on a 0.3-acre lot. The transaction reflects a price per square foot of $1,507.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $12,250,000
- Address: 38 Isla Bahia Drive
- Market: Fort Lauderdale
- Square Footage: 8,130
- Price per Square Foot: $1,507
- Buyer: Vicki Annette Winegeart - 38 Isla Bahia LLC
- Seller: Li Ge - Wuxi Apptec
- Buyer’s Representative: Michele Holtzheuser - Florida Luxurious Properties
- Seller’s Representative: Shai Mashiach - Coldwell Banker
Li Ge, representing Wuxi Apptec, engaged in this closed property transaction. The buyer, 38 Isla Bahia LLC, is now managed by Texas-based Vicki Annette Winegeart. Following the acquisition, an ownership amendment occurred swiftly after the corporation's formation.
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
1.29%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93