Updated Oct 25, 2024
Maor Benami & Inbal Ruiz Acquire Multifamily Property In Fort Lauderdale For $2.2M
3030 Northeast 21st Terrace, Fort Lauderdale, FL, USA
$2,200,000
$179/SF
Building Size
12,251 SF
Asset Type
MultiFamily
Closing
Jan 27, 2021
About this deal
AI
The multifamily property located at 3030 NE 21st Terrace in Fort Lauderdale was recently sold. The sale took place on January 28, 2021. The property spans over 12,251 square feet with a price per square foot of $179. The transaction closed at a sale price of $2,200,000.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $2,200,000
- Address: 3030 NE 21st Terrace, Fort Lauderdale
- Market: Fort Lauderdale
The buyer of the property is Maor Benami and Inbal Ruiz, while the seller is Aaron Kurlansky. Evan Kristol from Marcus & Millichap represented the transaction as the broker.
On the Map
$2,200,000
$179/SF
MultiFamily
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Players
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
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93