Gina Lassegue Acquires Multifamily Complex At 200 Northwest 17th Court For $1.85M
200 Northwest 17th Court
$1,850,000
$300/SF
Building Size
6,152 SF
Asset Type
MultiFamily
Closing
May 9, 2025
AI
A multifamily complex located at 200 Northwest 17th Court in Fort Lauderdale was sold for $1,850,000. The asset spans 6,152 square feet, consisting of 8 units, with a price per unit of $231,250 and a price per square foot of $301. The parcel measures approximately 0.39 acres.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,850,000
- Address: 200 Northwest 17th Court
- Market: Fort Lauderdale
- Units: 8
- Price per Unit: $231,250
- Square Footage: 6,152
- Price per Square Foot: $301
- Lender: Florida Community Loan Fund
- Buyer: Gina Lassegue
- Seller: Purpose Built Families
- Broker: Austin Michels - Marcus & Millichap
Austin Michels of Marcus & Millichap facilitated the transaction between Gina Lassegue and Purpose Built Families, providing essential brokerage services. The financing for the acquisition was arranged through Florida Community Loan Fund.
Fort Lauderdale MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.57%
Cash-on-Cash
-2.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93