facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Multifamily

/

Sale

/

4204 North Ocean Drive

Carlos Saa Purchases Multifamily Property From George Beebe For $1.375M In Lauderdale By The Sea
SOLDMultiFamily

Carlos Saa Purchases Multifamily Property From George Beebe For $1.375M In Lauderdale By The Sea

4204 North Ocean Drive

$1,375,000

$520/SF

Building Size

2,643 SF

Asset Type

MultiFamily

Closing

Jul 31, 2026

AI

The property asset involved in this transaction is a multifamily unit located at 4204 North Ocean Drive in Lauderdale by the Sea. It consists of 4 units, encompassing a total square footage of 2,643. The sale price for the property was $1,375,000, resulting in a price per unit of $343,750 and a price per square foot of $520.

Summary of transaction details:

Key individuals involved in the transaction include buyer Carlos Saa and seller George Beebe, with the brokers representing the deal being Alexander Gerdak, Ryan Wold, and Dan Dratch from Franklin Street.

Players

Dan Dratch

Franklin Street

Broker

$274.9M

vol

49 deals

Broker
Carlos Saavedra

Carlos Saavedra

Buyer

$119.5M

vol

22 deals

Buyer

George Beebe

Seller

$1.4M

vol

1 deal

Seller

Lauderdale By The Sea MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.54%

Cash-on-Cash

-3.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93