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Karma Executive Homes Acquires Fort Lauderdale Multifamily For $7.9M

3049 Harbor Drive
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This MultiFamily property located in FL was sold for $7,900,000 almost 2 years ago. The brokers of the deal were Gerard Yetming and Julian Zuniga

The multifamily property located at 3049 Harbor Dr in Fort Lauderdale has been sold. The transaction took place on 04/20/2022. The property, consisting of 8 units, spans across 16,500 square feet. The sale price for this property was $7,900,000, which translates to a price per unit of $987,500 and a price per square foot of $479.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $7,900,000
  • Units: 8
  • Square Footage: 16,500
  • Price per Unit: $987,500
  • Price per Square Foot: $479
  • Market: Fort Lauderdale
  • Buyer: Karma Executive Homes - Rajiv Sharma
  • Seller: Intervest Southeast House Limited Partnership – Dale Williams
  • Brokers: Gerard Yetming & Julian Zuniga - Colliers International

Growing interest in the Fort Lauderdale market led to the sale of this multifamily property. The deal was facilitated by brokers Gerard Yetming and Julian Zuniga from Colliers International. The buyer, Karma Executive Homes, was represented by Rajiv Sharma. On the other side, Intervest Southeast House Limited Partnership, led by Dale Williams, acted as the seller. With a price per square foot of $479, this transaction exemplifies the value potential in the Fort Lauderdale market.

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Deals
  • Location
    3049 Harbor Drive, Fort Lauderdale, Florida 33316, United States3049 Harbor Drive, Fort Lauderdale, Florida 33316, United States
  • Sale Price
    $7,900,000$7,900,000
    $328 PPSF$328 PPSF
  • Area
    24,047 SF24,047 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Julian Zuniga

Julian Zuniga

Deals7
Sold$49.4M

Agency

Colliers International

Colliers International

Agency
Deals1643
Volume$35.7B

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Deal Summary

SALE IMAGE: Gerard Yetming & Julian Zuniga DATE: 04/20/2022 ADDRESS: 3049 Harbor Dr MARKET: Fort Lauderdale ASSET TYPE: Multifamily BUYER: Karma Executive Homes - Rajiv Sharma SELLER: Intervest Southeast House Limited Partnership – Dale Williams BROKERS: Gerard Yetming (@G.tt.mia) & Julian Zuniga (@Zuniga346) - Colliers International (@CollierssFL) SALE PRICE: $7,900,000 UNITS: 8 ~ PPU: $987,500 SF: 16,500 ~ PPSF: $479

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3049 Harbor Drive

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