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52 Royal Palm Dr

Updated Dec 20, 2023

Douglas Elliman Acquires SFR In Broward County, Fort Lauderdale For $9.7M
SOLD

Douglas Elliman Acquires SFR In Broward County, Fort Lauderdale For $9.7M

52 Royal Palm Dr

Building Size

Asset Type

Closing

Aug 26, 2022

About this deal

AI

The property at 52 Royal Palm Dr in Broward County, Fort Lauderdale has been sold. The sales transaction was facilitated by the Farbstein Team from Douglas Elliman. The property is a Single Family Residential (SFR) home with a total area of 6,682 square feet. The selling price for this transaction was $9,700,000, resulting in a price per square foot of $1,452.

Summary of transaction details

  • Property Type: Single Family Residential (SFR)
  • Transaction Amount: $9,700,000
  • Address: 52 Royal Palm Dr, Broward County, Fort Lauderdale
  • Market: Broward County, Fort Lauderdale
  • Buyer's Representative: Ryan Farbstein & Max Farbstein - The Farbstein Team - Douglas Elliman

The Farbstein Team from Douglas Elliman represented the buyer and seller in this transaction. This deal showcases their expertise in the real estate market of Broward County, Fort Lauderdale. The successful completion of this sale is a testament to the Farbstein Team's dedication to their clients and their deep understanding of the local market.

Players

Brampton CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

Douglas Elliman bought a home in Brampton in 2022. The full closing is on this page.

Browse Brampton sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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