facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Multifamily

/

Sale

/

475 North Ocean Drive

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

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

475 North Ocean Drive

$1,200,000

$530/SF

Building Size

2,262 SF

Asset Type

MultiFamily

Closing

Jan 4, 2026

AI

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

Eric Malinasky

Seller

$18.4M

vol

8 deals

Seller

Pompano Beach 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

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93