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Fort Lauderdale, FL, USA

Joey Bosa Acquires Fort Lauderdale SFR From Richard M. Kremen For $5.85M With Cheryl Bosa & Tim Elmes
SOLDSingle Family

Joey Bosa Acquires Fort Lauderdale SFR From Richard M. Kremen For $5.85M With Cheryl Bosa & Tim Elmes

Fort Lauderdale, FL, USA

$5,850,000

$1,067/SF

Building Size

5,482 SF

Asset Type

Single Family

Closing

Oct 11, 2021

AI

A single-family residential property in Fort Lauderdale has recently been sold for a price of $5,850,000. The property spans over an area of 5,482 square feet, resulting in a price per square foot of $1,067. The sale took place on October 11, 2021.

Summary of transaction details:

  • Property Type: SFR (Single-Family Residential)
  • Transaction Amount: $5,850,000
  • Market: Fort Lauderdale

Joey Bosa, a professional football player, acted as the buyer in this transaction. Richard M. Kremen was the seller of the property. Cheryl Bosa, representing Engel & Völkers, served as Joey Bosa's representative in the deal. On the other hand, Tim Elmes from Compass represented Richard M. Kremen as the seller's representative. These key individuals and companies played a crucial role in facilitating the sale of this single-family residential property in Fort Lauderdale.

Players

Tim Elmes

Compass

Broker

$364.5M

vol

16 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

2.71%

Cash-on-Cash

-0.77%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93