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1545 South Miami Road

Adam Marcuvitz Acquires Multifamily Property At 1545 South Miami Road For $3.9M
SOLDMultiFamily

Adam Marcuvitz Acquires Multifamily Property At 1545 South Miami Road For $3.9M

1545 South Miami Road

$3,900,000

$282/SF

Building Size

13,821 SF

Asset Type

MultiFamily

Closing

Jun 17, 2026

AI

The multifamily asset located at 1545 South Miami Road in Fort Lauderdale has been sold. The transaction closed at a sale price of $3,900,000, which equates to approximately $216,666 per unit for its 18 units. The total square footage of the property is 13,821, resulting in a price per square foot of about $282.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $3,900,000
  • Units: 18
  • Square Footage: 13,821
  • Price Per Unit: $216,666
  • Price Per Square Foot: $282
  • Buyer: Adam Marcuvitz
  • Seller: Ron Palamara
  • Broker: Robert Wainland

Adam Marcuvitz acquired the property from Ron Palamara, with Robert Wainland acting as the broker representing the seller in this transaction. The deal was finalized on June 18, 2026.

Players

Robert Wainland

Broker

$17.5M

vol

1 deal

Broker

Adam Marcuvitz

Buyer

$83.9M

vol

13 deals

Buyer

Market 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

4.07%

Cash-on-Cash

-1.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93