Updated Jul 2, 2026
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
About this deal
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.
On the Map
$3,900,000
$282/SF
MultiFamily
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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