Updated Dec 21, 2023
Keith D. Silverstein Acquires Multifamily Property In Dania, FL For $2.6M
17-21 Southeast 5th Avenue, Dania Beach, Florida 33004, United States
$2,600,000
$1,445/SF
Building Size
1,799 SF
Asset Type
MultiFamily
Closing
May 11, 2022
About this deal
AI
The multifamily property located at 17-21 W 5th Ave in Dania, FL has been sold for $2,600,000. The property spans 1,799 square feet, resulting in a price per square foot of $1,445.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,600,000
- Address: 17-21 W 5th Ave, Dania, FL
Keith D. Silverstein has purchased the property from Hanna S Besner, Hilda Besner, and Jacob M Besner.
The multifamily sale at 17-21 Southeast 5th Avenue, Dania Beach, Florida 33004, United States in Hollywood, Florida sold for $2.6M in 2022. The building is 1,799 square feet, implying about 1.4K per square foot on the published price. Named participants on the 17-21 Southeast 5th Avenue, Dania Beach, Florida 33004, United States sale are Keith D. Silverstein, Hilda Besner. This page is the Hollywood, Florida file for the 17-21 Southeast 5th Avenue, Dania Beach, Florida 33004, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Hollywood sit in the Market section below. Filter that Hollywood multifamily set by closing date to see what else sold near 17-21 Southeast 5th Avenue, Dania Beach, Florida 33004, United States around 2022. Published consideration for 17-21 Southeast 5th Avenue, Dania Beach, Florida 33004, United States is $2.6M, dated 2022. Cite this Keith D. Silverstein Acquires Multifamily Property In Dania, FL For $2.6M sale when underwriting similar multifamily product around Hollywood, Florida.
Hollywood 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
6.10%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93