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2314 Polk Street

United Way Of Broward Acquires Multifamily Asset From 7 Crowns For $2.9M
SOLDMultiFamily

United Way Of Broward Acquires Multifamily Asset From 7 Crowns For $2.9M

2314 Polk Street

$2,900,000

$380/SF

Building Size

7,632 SF

Asset Type

MultiFamily

Closing

Mar 11, 2026

AI

This multifamily asset, located at 2314 Polk Street in the Hollywood market, has a sale price of $2,900,000. The property consists of 13 units, totaling 7,632 square feet, resulting in a price per unit of $223,076 and a price per square foot of $379.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,900,000
  • Units: 13
  • Square Footage: 7,632
  • Price Per Unit: $223,076
  • Price Per Square Foot: $379
  • Buyer: United Way of Broward
  • Seller: 7 Crowns
  • Broker: Elior Levi - Fausto Commercial Realty Consultants

The transaction involved key parties, including United Way of Broward as the buyer and 7 Crowns as the seller, with representation from Elior Levi of Fausto Commercial Realty Consultants, facilitating the deal between the involved entities.

Players

Elior Levi

Fausto Commercial Realty Consultants

Broker

$100.9M

vol

38 deals

Broker
United Way of Broward County
United Way of Broward CountyBuyer

Hollywood 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

5.47%

Cash-on-Cash

-1.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93