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1801 Gardenia Road

Tal Levinson & Eric Malinasky Of Home Venture Investments Purchase Multifamily Properties In Fort Lauderdale For $2.025M
SOLDMultiFamily

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.

Players

Eric Malinasky

Buyer

$18.4M

vol

8 deals

Buyer

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