Updated Dec 4, 2024
Guy Peri Acquires Single Family Residence From Tina M. Leo For $3.2M
713 Southeast 7th Street
$3,200,000
$952/SF
Building Size
3,358 SF
Asset Type
Single Family
Closing
May 6, 2024
About this deal
AI
The Single Family property located at 713 Southeast 7th Street in Fort Lauderdale was sold for $3,200,000. Spanning 3,358 square feet, the property was acquired at a price per square foot of $953. The transaction took place on 05/06/2024 with Guy Peri purchasing the property from Tina M. Leo. The seller was represented by Andre Huyghues Despointes from Sutter & Nugent.
Summary of transation details:
- Property Type: Single Family
- Transaction Amount: $3,200,000
- Address: 713 Southeast 7th Street
- Market: Fort Lauderdale
- Buyer: Guy Peri
- Seller: Tina M. Leo
- Seller's Rep: Andre Huyghues Despointes - Sutter & Nugent
- SF: 3,358
- PPSF: $953
Andre Huyghues Despointes from Sutter & Nugent represented the seller, Tina M. Leo, in the property transaction involving 713 Southeast 7th Street in Fort Lauderdale. This deal showcased the successful collaboration and negotiation between the buyer, Guy Peri, and the seller, culminating in the acquisition of the Single Family asset at the heart of Fort Lauderdale's real estate market.
On the Map
$3,200,000
$952/SF
Single Family
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Fort Lauderdale Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $952 per square foot on a published $3.2M for 3,358 square feet (2024).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93