Michael Rauf Acquires 18-Unit Multifamily At 1950 Fletcher Street From David Malamud For $4.26M

The asset involved in this transaction is a multifamily property located at 1950 Fletcher Street in the Hollywood market. The property was sold for $4,260,000, consisting of 18 units and covering a total square footage of 19,433. The price per unit is calculated at $236,666, while the price per square foot is $219.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,260,000
• Units: 18
• Price Per Unit: $236,666
• Square Footage: 19,433
• Price Per Square Foot: $219
• Buyer: Michael Rauf
• Seller: David Malamud
• Brokers: Sam Mekras & Deme Mekras - MSP Group
• Date of Sale: 10/24/2025

This transaction highlights the services provided by MSP Group, which represented both the buyer and the seller in this deal. Notably, both clients are repeat customers of MSP Group, reinforcing their ongoing business relationship in the multifamily sector in South Florida.