SOLDIndustrial
David Dvash Acquires Industrial Property In Oakland Park From Francesco Mutti For $1.725M
901 915 Ne 30 Ct
$1,725,000
$228/SF
Building Size
7,550 SF
Asset Type
Industrial
Closing
Jun 16, 2025
AI
The asset involved in this transaction is an industrial property located at 901-915 Northeast 30th Ct in the Oakland Park market. The property was sold for $1,725,000, encompassing a total square footage of 7,550, resulting in a price per square foot of $228.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,725,000
- Sale Price per Square Foot: $228
- Total Square Footage: 7,550
- Buyer: David Dvash
- Seller: Francesco Mutti
- Brokers: Adam H. Klein, Carter Smith & Elon Gerberg - The ROI Group - SVN Commercial Partners
- Sale Date: 6/17/2025
The transaction was facilitated by The ROI Group of SVN Commercial Partners, who achieved a record-setting price for the Oakland Park submarket by generating multiple competitive bids over the asking price from qualified buyers, ultimately closing above expectations.
Oakland Park Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.20%
Cash-on-Cash
-2.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93