Daniel Alexander Ellis Acquires Multifamily Property In Fort Lauderdale & Coral Springs For $2.5M

The multifamily property located at 1615 Northeast 9th Street & 11551 Royal Palm Boulevard in Fort Lauderdale and Coral Springs was sold for $2,500,000. The property consists of 9 units with a total of 10,150 square feet, equating to a price per unit of $277,778 and a price per square foot of $246.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,500,000
• Units: 9
• Square Footage: 10,150
• Price per Unit: $277,778
• Price per Square Foot: $246
• Address: 1615 Northeast 9th Street & 11551 Royal Palm Boulevard
• Market: Fort Lauderdale & Coral Springs

Daniel Alexander Ellis was the buyer of this property, represented by Herson Richiez from Bridgestone Realty. Daniel, along with his team at Dash Properties, continually seeks value-add properties in South Florida to enhance their real estate portfolio.