J. Frank Barefeild Jr. Acquires Fort Lauderdale Single Family Property For $23.98M
Fort Lauderdale, Florida, United States
$23,980,000
$1,419/SF
Building Size
16,898 SF
Asset Type
Single Family
Closing
Feb 18, 2020
AI
A single-family property located in Fort Lauderdale has been sold for $23,980,000. The property spans across approximately 1.1 acres of land. It offers a spacious living area of 16,898 square feet, resulting in a price per square foot of $1,419. The sale took place on February 18, 2022, and was facilitated by broker Tim Elmes from Compass.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $23,980,000
- Market: Fort Lauderdale
- Property Size: 1.1 acres
- Square Footage: 16,898
- Price Per Square Foot: $1,419
The buyer of the property is J. Frank Barefeild Jr., represented by Abbey Residential. The sellers are Marlene and Manuel Aguero. Tim Elmes from Compass acted as the broker in this transaction.
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
0.66%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93