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.
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