Tal Levinson & Eric Malinasky Of Home Venture Investments Purchase Multifamily Properties In Fort Lauderdale For $2.025M
1801 Gardenia Road, 521 Southwest 2nd Court, 4123 Southwest 21st Street & 218 Southwest 1st Court
$2,025,000
$207/SF
Building Size
9,744 SF
Asset Type
MultiFamily
Closing
Aug 7, 2025
AI
The transaction involved a multifamily asset located at 1801 Gardenia Road, 521 Southwest 2nd Court, 4123 Southwest 21st Street & 218 Southwest 1st Court, situated in the Fort Lauderdale & Pompano Beach market. The sale price was $2,025,000, encompassing 3 units and a total square footage of 3,137, resulting in a price per unit of $675,000 and a price per square foot of $645.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,025,000
- Units: 3
- Square Footage: 3,137
- Price Per Unit: $675,000
- Price Per Square Foot: $645
- Buyer: Tal Levinson & Eric Malinasky - Home Venture Investments
- Seller: Monique Bensaadon
Tal Levinson and Eric Malinasky, representing Home Venture Investments, were involved in the deal, expressing their openness to collaborate and joint venture on all types of real estate transactions. They welcomed private messages for reviewing any deals and/or listings.
Plantation 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
7.83%
Cash-on-Cash
-2.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93