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901 915 Ne 30 Ct

David Dvash Acquires Industrial Property In Oakland Park From Francesco Mutti For $1.725M
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.

Players

Adam H. Klein

Vision Real Estate Advisors

Broker

$129.8M

vol

38 deals

Broker
SVN
SVNBrokerage
SVN
SVNBrokerage

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