Giovanna Jifkins Acquires Multifamily Property From Michael Oliver In Coral Springs For $1.1M
2816 Coral Springs Drive
$1,100,000
$193/SF
Building Size
5,692 SF
Asset Type
MultiFamily
Closing
Feb 17, 2026
AI
The property asset involved in the transaction is a multifamily building located at 2816 Coral Springs Drive in Coral Springs. It consists of 6 units with a total square footage of 5,692. The sale price was $1,100,000, resulting in a per-unit price of $183,333 and a price per square foot of $193.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Address: 2816 Coral Springs Drive
- Market: Coral Springs
- Units: 6
- Square Footage: 5,692
- Price Per Unit: $183,333
- Price Per Square Foot: $193
- Buyer: Giovanna Jifkins
- Seller: Michael Oliver
- Broker: Austin M. Michels - Marcus & Millichap
The key individuals involved in this transaction include the buyer, Giovanna Jifkins, and the seller, Michael Oliver. The transaction was facilitated by broker Austin M. Michels from Marcus & Millichap, representing the interests of the parties in the deal.
Players
Coral Springs 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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93