The thesis

Why we bought this

Eighteen days from list to contract at $1.075M - the launch was won before the first open house opened its doors.

The first open house worked because the work was finished before the doors opened. Catherine Kolga listed this Fort Lauderdale home and had it under contract eighteen days after launch, closing at $1,075,000 in June 2026 - approximately $546 per square foot. The sequence was deliberate: preparation and photography completed before going live, a launch price set from closed comparables rather than hope, buyer targeting ahead of the first weekend, and the first open house treated as the market event it is - with immediate follow-up on every qualified group the same week. The home went under contract in the window when listings command their strongest position, before a single day of staleness accumulated. Urgency was created by pricing and preparation, not by underpricing.

Highlights

What made this one work

  • $1,075,000 closing price (June 2026)
  • ~18 days from list to contract
  • ~$546 per sq ft
  • Under contract following the first open house
  • Listed and sold by Catherine Kolga
The asset

What you're buying

Address5170 NE 18th Ter, Fort Lauderdale, FL 33308
CityFort Lauderdale
CountyBroward
Property typeSingle Family
Building SF1,968
Year built1959
Gallery

Inside the property

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The numbers

The math behind the deal

Price / SF
$546
Financing assumptions estimate
30% down7.25% rate25-yr amort
Full numbers

See the cap rate, rent roll, comps & exits

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Plain English

What the numbers mean

The first two weeks are a listing's peak leverage. A home that contracts inside that window sells at the market's number; one that lingers starts negotiating against its own days-on-market count.

Note

From the agent

Catherine Kolga prepared, priced, and launched the listing, ran the opening open house, and converted first-weekend interest into the closing contract.

Takeaway

The bottom line

Speed was not luck. It was the visible result of the invisible preparation.

Thinking of selling? Request a launch and pricing analysis from SunSt - a 24-hour turnaround.

FAQ

Common questions

How fast did 5170 NE 18th Ter sell?+

The home went under contract approximately eighteen days after launch, following its first open house, and closed at $1,075,000 in June 2026.

Was the home underpriced to sell fast?+

No. The launch price was set from closed comparables; speed came from preparation, targeting, and follow-up, not from leaving money on the table.

Who represented the seller?+

Catherine Kolga of SunSt Real Estate.

Represented by
Catherine Kolga prepared, priced, and launched the listing, ran the opening open house, and converted first-weekend interest into the closing contract.
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All information is deemed reliable but not guaranteed and should be independently verified. Pro-forma figures marked "estimate" reflect the memo author's underwriting and are not appraisals. Cap rates and price-per-SF are calculated from the fields on this page and update as those fields do.