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6232 Southwest 142nd Avenue

Le Chateau Hancock Trust Acquires Southwest Ranches Mansion For $15.5M
SOLDSingle Family

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

Jill Hertzberg

Coldwell Banker

Broker

$2.4B

vol

92 deals

Broker

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