Le Chateau Hancock Trust Acquires Southwest Ranches Mansion For $15.5M
6232 Southwest 142nd Avenue
$15,500,000
$873/SF
Building Size
17,740 SF
Asset Type
Single Family
Closing
May 14, 2024
AI
The Southwest Ranches property located at 6220 & 6232 Southwest 142nd Avenue spans 7.8 acres and was recently sold for $15.5 million. The 17,740-square-foot single-family home boasts an indoor basketball court, pool, gym, theater/game room, and rose garden.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $15,500,000
- Market: Southwest Ranches
- Address: 6220 & 6232 Southwest 142nd Avenue
- Square Footage: 17,740
- Price per Square Foot: $874
The sale was facilitated by Bryan Levy from Cisca Real Estate, representing the buyer, Le Chateau Hancock Land Trust, while Jill Hertzberg and Jonathan Mann from Coldwell Banker acted as the seller's representatives. Notably, the property was previously owned by the former MLB first baseman, Eric Hosmer, who recently retired and launched MoonBall Media.
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
1.02%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93