Updated Dec 30, 2025
Suzanne Wright And Oliver Henry Tragert Purchase Multifamily Asset From Eco Developers For $1.77M
1720 Southwest 20th Street
$1,770,000
$657/SF
Building Size
2,692 SF
Asset Type
MultiFamily
Closing
Dec 18, 2025
About this deal
AI
The property asset involved in this transaction is a multifamily unit located at 1720 Southwest 20th Street in Fort Lauderdale. The sale price reached $1,770,000, which corresponds to a per unit price of $885,000. The total square footage of the property is 2,692, leading to a price per square foot of $657.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,770,000
- Units: 2
- Price Per Unit: $885,000
- Square Footage: 2,692
- Price Per Square Foot: $657
- Buyer: Suzanne Wright & Oliver Henry Tragert
- Seller: Eco Developers
- Seller's Representative: Bryan Perez Vinueza - One Sotheby’s International Realty; Melissa Tejada - PMG Residential LLC
- Date of Transaction: 12/19/2025
- Market: Fort Lauderdale
The deal highlights the involvement of Bryan Perez Vinueza and Melissa Tejada as the representatives for the seller, Eco Developers. Their representation played a crucial role in the transaction, showcasing their expertise in managing successful sales within the real estate market.
Players
Fort Lauderdale 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
8.96%
Cash-on-Cash
-2.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93