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Ralph Brown Purchases Multifamily Property From Tal Levinson And Eric Malinasky For $1.2M

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SOLD
$1,200,000

Florida

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MultiFamily2,262 SF
Sold 01/04/2026
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Property Image
SOLD

Ralph Brown Purchases Multifamily Property From Tal Levinson And Eric Malinasky For $1.2M

475 North Ocean Drive

See Similar Deals
MultiFamily2,262 SF
Sold 01/04/2026
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Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$530
Total Square Footage:2,262 SF
Transaction Type:Sale

The property asset involved in this transaction is a multifamily unit located at 475 North Ocean Drive, Deerfield Beach. The sale price for the property was $1,200,000, comprising 2 units with a price per unit of $600,000. The total square footage of the asset is 2,262, resulting in a price per square foot of $530.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,200,000
  • Buyer: Ralph Brown
  • Seller: Tal Levinson, Eric Malinasky - Home Venture Investments
  • Units: 2
  • Price Per Unit: $600,000
  • Square Footage: 2,262
  • Price Per Square Foot: $530

Tal Levinson and Eric Malinasky, representing Home Venture Investments, facilitated the sale of the property. Home Venture Investments also welcomes the opportunity for collaboration and joint ventures on various real estate transactions and encourages private messages for potential deals or listings to review.

Players

8 deals$18.4M volume
SELLER

8 deals$18.4M volume
SELLER

Details

SOLD
IMAGE: Eric Malinasky & Tal Levinson DATE: 01/05/2026 ADDRESS: 475 North Ocean Drive MARKET: Deerfield Beach ASSET TYPE: Multifamily BUYER: Ralph Brown SELLER: Tal Levinson (@T.Lev), Eric Malinasky (@EMalinasky24) - Home Venture Investments (@HomeVentureInvestments) SALE PRICE: $1,200,000 UNITS: 2 ~ PPU: $600,000 SF: 2,262 ~ PPSF: $530 NOTE FROM SELLER: Home Venture Investments welcomes the opportunity to collaborate and joint venture on all types of real estate transactions. Please feel free to private message us if you have any deals and/or listings you'd like for us to review!

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$64,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,263.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,688.61
Annual Debt Service$68,263.35