Updated Dec 18, 2023
Keith D. Silverstein Acquires Multifamily Property In Dania, FL For $2.2M
7th Avenue, Dania Beach, Florida 33004, United States
$2,177,778
$1,160/SF
Building Size
1,876 SF
Asset Type
MultiFamily
Closing
Apr 26, 2022
About this deal
AI
The multifamily property located at 33 W 7th Ave in Dania, FL was recently sold in a closed transaction on April 27, 2022. The property spans a total area of 1,876 square feet and was purchased by Keith D. Silverstein for a price of $2,177,778. The price per square foot for this transaction was calculated to be $1,161.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,177,778
- Square Footage: 1,876
- Price per Square Foot: $1,161
- Buyer: Keith D. Silverstein
- Seller: Hilda Besner
Keith D. Silverstein acted as the buyer in this transaction, while Hilda Besner served as the seller. The deal was successfully closed, facilitating the transfer of ownership for the multifamily property in Dania, FL.
Dania 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
7.28%
Cash-on-Cash
-2.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93