Updated Dec 4, 2024
Peter Carr Acquires Single Family Property In Lighthouse Point For $5.5M
3831 Northeast 24th Avenue
$5,500,000
$1,077/SF
Building Size
5,105 SF
Asset Type
Single Family
Closing
Sep 29, 2023
About this deal
AI
A single-family property located at 3831 Northeast 24th Avenue in Lighthouse Point has been sold for $5,500,000. The property spans 5,105 square feet with a price per square foot of $1,077. The transaction took place on September 29, 2023.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $5,500,000
- Address: 3831 Northeast 24th Avenue
- Market: Lighthouse Point
- Buyer: Peter Carr
- Seller: Michel Huyghe
- Seller's Representative: Brian Pearl & Vini Antonacci - The Pearl Antonacci Group - Compass
- Asking Price: $5,550,000
- Square Footage: 5,105
- Price per Square Foot: $1,077
The transaction was facilitated by Brian Pearl and Vini Antonacci, who represent the seller in this deal. The Pearl Antonacci Group, affiliated with Compass, served as the seller's representative.
Players
Lighthouse Point Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $1.1K per square foot on a published $5.5M for 5,105 square feet (2023).
Visit Vincenza "Vini" Antonacci to view all their deals.
Browse Lighthouse Point single family sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93