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BHP Community Land Trust Acquires MultiFamily Property In Dania Beach For $5.28M

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SOLD
$5,280,000

Florida

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MultiFamily49,698 SF
Sold 07/31/2023
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Property Image
SOLD

BHP Community Land Trust Acquires MultiFamily Property In Dania Beach For $5.28M

17 SW 5th Ave Dania Beach, FL 33004, USA

See Similar Deals
MultiFamily49,698 SF
Sold 07/31/2023
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Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$106
Total Square Footage:49,698 SF
Transaction Type:Sale

The property involved in this transaction is located at 17-21 & 25 SW 5th Ave, 38, 42 & 46 SW 4th Ave & 420-428 SW 1st Ave in Dania Beach. It is a multifamily asset consisting of 30 units with a total square footage of 49,698. The sale price for the property was $5,280,000, resulting in a price per unit of $176,000 and a price per square foot of $106.

Summary of transaction details

  • Property Type: MultiFamily
  • Transaction Amount: $5,280,000
  • Units: 30
  • Price per Unit: $176,000
  • Square Footage: 49,698
  • Price per Square Foot: $106

In this deal, the buyer was BHP Community Land Trust represented by Amanda Bartle. The seller was DBAK INVESTMENTS LLC, with Daniel Dabakaroff as their representative. Joseph Brikman, from The Modern Day Team at EXP Realty, served as the broker for this transaction.

It is worth noting that Joseph Brikman, the broker involved in this deal, has successfully closed another 30-unit off-market transaction in Dania Beach. Over the past year, he has transacted over $100 million in multifamily sales, primarily consisting of off-market and distressed value-add properties. He currently has more options available for purchase in the same area. For off-market value-add opportunities, interested parties can contact Joseph Brikman at 954-493-1100.

Players

Joseph Brikman
7 deals$16.9M volume(954) 493-1100
BROKER

Joseph Brikman
Real Broker
7 deals$16.9M volume(954) 493-1100
BROKER

Details

SOLD
IMAGE: Joseph Brikman DATE: 07/31/2023 ADDRESS: 17-21 & 25 SW 5th Ave, 38, 42 & 46 SW 4th Ave & 420-428 SW 1st Ave MARKET: Dania Beach ASSET TYPE: MultiFamily BUYER: BHP Community Land Trust - Amanda Bartle SELLER: DBAK INVESTMENTS LLC - Daniel Dabakaroff BROKERS: Joseph Brikman (@Gottacalljoe) - The Modern Day Team (@TheModernDayTeam) - EXP Realty (@ExpRealty_) SALE PRICE: $5,280,000 UNITS: 30 ~ PPU: $176,000 SF: 49,698 ~ PPSF: $106 NOTE FROM BROKER: JOE BRIKMAN HAS SUCCESSFULLY CLOSED ANOTHER 30-UNIT OFF-MARKET TRANSACTION IN DANIA BEACH. IN THE LAST 12 MONTHS JOE HAS TRANSACTED OVER $100M IN MULTIFAMILY SALES MOSTLY COMPRISED OF OFF MARKET AND DISTRESSED VALUE ADD PROPERTIES. CURRENTLY, JOE HAS MORE OPTIONS AVAILABLE FOR PURCHASE IN THE SAME AREA. REACH OUT TO JOE BRIKMAN @ 954-493-1100 FOR OFF MARKET VALUE ADD OPPORTUNITIES. D

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