Tal Levinson & Eric Malinasky Acquire Multifamily Asset In Fort Lauderdale For $4.88M

The property involved in this transaction is a multifamily asset located at 1021, 1025, 1026, 1028, 1030, 1032, 1038, 1010 & 1029 Northwest 3rd Avenue in Fort Lauderdale. The total sale price for the property was $4,882,500, which corresponds to 31 units with a price per unit of $157,500. The property encompasses a total square footage of 20,852, resulting in a price per square foot of $234.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,882,500
• Units: 31
• Price Per Unit: $157,500
• Square Footage: 20,852
• Price Per Square Foot: $234
• Buyer: Tal Levinson & Eric Malinasky - Home Venture Investments
• Seller: Tom Assouline
• Seller's Representative: Chase Thompson - LoKation® Real Estate

Home Venture Investments, represented by Tal Levinson and Eric Malinasky, is focused on acquiring, stabilizing, and developing various property types throughout South Florida. The firm welcomes inquiries regarding potential deals, emphasizing their readiness to engage in transactions.