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2020 Northeast 56th Court

Danae Petreccia Purchases Multifamily Property At 2010-2020 NE 56th Court For $1.485M
SOLDMultiFamily

Danae Petreccia Purchases Multifamily Property At 2010-2020 NE 56th Court For $1.485M

2020 Northeast 56th Court

$1,485,000

$297/SF

Building Size

5,000 SF

Asset Type

MultiFamily

Closing

Mar 4, 2026

AI

The property asset involved in the transaction is a multifamily building located at 2010-2020 NE 56th Court in Fort Lauderdale. The sale occurred on March 5, 2026, with a transaction amount of $1,485,000. The property consists of 6 units and spans a total of 5,000 square feet, resulting in a price per unit of $247,500 and a price per square foot of $297.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,485,000
  • Units: 6
  • Square Footage: 5,000
  • Price Per Unit: $247,500
  • Price Per Square Foot: $297
  • Buyer: Danae Petreccia
  • Seller: Carolyn Miehle
  • Broker: Austin M. Michels - Marcus & Millichap

This transaction involved key individuals and companies, including Danae Petreccia as the buyer and Carolyn Miehle as the seller. The broker representing the transaction was Austin M. Michels from Marcus & Millichap, facilitating the deal between the involved parties.

Players

Austin M. Michels
Verified Badge

Austin M. Michels

Marcus & Millichap

Broker

$142.1M

vol

32 deals

Broker

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

10.68%

Cash-on-Cash

-3.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93