Alex Kogan Of Aristone Capital Acquires Development Site In Deerfield Beach For $1.6M

The development site located at 742 Southeast 19th Avenue & 756 Southeast 19th Avenue in Deerfield Beach has been sold for a price of $1,600,000. The total square footage of the property is 3,540 with a price per square foot of $451. This site features a fully stabilized 8-unit multifamily asset just one block away from the beach and steps from the Intracoastal.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $1,600,000
• Square Footage: 3,540
• Price per Square Foot: $451
• Buyer: Alex Kogan - Aristone Capital
• Seller: Halina Sonwka
• Date of Transaction: 10/31/2025
• Market: Deerfield Beach

Alex Kogan, representing Aristone Capital, indicated that the acquisition supports their long-term strategy of securing high-quality infill locations in supply-constrained coastal markets. The plan includes repositioning the site into a boutique 24-unit condominium development, aimed at enhancing elevated living experiences in one of South Florida's sought-after seaside corridors.