Updated Dec 21, 2023
Michelle Diaz Acquires Multifamily Property From Tom Assouline In Fort Lauderdale For $2.05M
1201 Ne 15th Ave #1-9
$2,050,000
$462/SF
Building Size
4,431 SF
Asset Type
MultiFamily
Closing
Dec 14, 2022
About this deal
AI
A multifamily property located at 1201 Ne 15th Ave in Fort Lauderdale, FL has been sold for $2,050,000. The property spans 4,431 square feet with a price per square foot of $462.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,050,000
- Square Footage: 4,431
- Price per Square Foot: $462
- Address: 1201 Ne 15th Ave, Fort Lauderdale, FL
The buyer of the property is Michelle Diaz, while the seller is Tom Assouline.
The multifamily sale at 1201 Ne 15th Ave #1-9 in Fort Lauderdale, Florida sold for $2.1M in 2022. The building is 4,431 square feet, implying about 462 per square foot on the published price. Named participants on the 1201 Ne 15th Ave #1-9 sale are Tom Assouline. This page is the Fort Lauderdale, Florida file for the 1201 Ne 15th Ave #1-9 multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Fort Lauderdale sit in the Market section below. Filter that Fort Lauderdale multifamily set by closing date to see what else sold near 1201 Ne 15th Ave #1-9 around 2022. Published consideration for 1201 Ne 15th Ave #1-9 is $2.1M, dated 2022. Cite this Michelle Diaz Acquires Multifamily Property From Tom Assouline In Fort Lauderdale For $2.05M sale when underwriting similar multifamily product around Fort Lauderdale, Florida.
On the Map
$2,050,000
$462/SF
MultiFamily
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Players
Fort Lauderdale MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.74%
Cash-on-Cash
-2.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93