Updated Dec 21, 2023
Douglas B. Juanarena Acquires Condo At 3100 N Ocean Blvd Fort Lauderdale, FL For $3.3M
3100 North Ocean Boulevard, North Myrtle Beach, South Carolina 29582, United States
$3,325,000
$1,249/SF
Building Size
2,661 SF
Asset Type
—
Closing
Feb 17, 2022
About this deal
AI
The property involved in the transaction is a condominium located at 3100 N Ocean Blvd, Fort Lauderdale, FL. The condo was sold on February 18, 2022.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $3,325,000
- Buyer: Douglas B. Juanarena
- Seller: Michael J Vandemaele
Douglas B. Juanarena purchased the condo from Michael J Vandemaele for a price of $3,325,000.
The commercial sale at 3100 North Ocean Boulevard, North Myrtle Beach, South Carolina 29582, United States in North Myrtle Beach, South Carolina sold for $3.3M in 2022. The building is 2,661 square feet, implying about 1.2K per square foot on the published price. This page is the North Myrtle Beach, South Carolina file for the 3100 North Ocean Boulevard, North Myrtle Beach, South Carolina 29582, United States commercial sold: pricing, party profiles, and other closed commercial comps from the same North Myrtle Beach sit in the Market section below. Filter that North Myrtle Beach commercial set by closing date to see what else sold near 3100 North Ocean Boulevard, North Myrtle Beach, South Carolina 29582, United States around 2022. Published consideration for 3100 North Ocean Boulevard, North Myrtle Beach, South Carolina 29582, United States is $3.3M, dated 2022. Cite this Douglas B. Juanarena Acquires Condo At 3100 N Ocean Blvd Fort Lauderdale, FL For $3.3M sale when underwriting similar commercial product around North Myrtle Beach, South Carolina.
Players
North Myrtle Beach CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $1.2K per square foot on a published $3.3M for 2,661 square feet (2022).
Browse South Carolina sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.77%
Cash-on-Cash
-1.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93