Giovanna Jifkins Acquires Multifamily Property From Michael Oliver In Coral Springs For $1.1M
SOLD
$1,100,000
Florida
See Similar DealsMultiFamily5,692 SF
Sold 02/17/2026
SOLD
Giovanna Jifkins Acquires Multifamily Property From Michael Oliver In Coral Springs For $1.1M
2816 Coral Springs Drive
See Similar DealsMultiFamily5,692 SF
Sold 02/17/2026
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$193
Total Square Footage:5,692 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$58,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,908.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,214.56
Annual Debt Service$62,574.73
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