Shalom Edelkopf Of LoKation® Real Estate Represents Multifamily Sale In Davie For $8M

The property asset involved in the transaction is a multifamily building located at 5060 Southwest 64th Avenue in the market of Davie. The sale price for this asset was $8,000,000, consisting of 40 units, which results in a price per unit of $200,000. The total square footage of the property is 31,160, with a price per square foot of $256.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $8,000,000
• Units: 40
• PPU: $200,000
• SF: 31,160
• PPSF: $256
• Date of Sale: 11/12/2024
• Broker: Shalom Edelkopf - LoKation® Real Estate

Shalom Edelkopf represented the transaction, functioning as the broker for the deal. The transaction was finalized on November 12, 2024, reflecting activity in the Davie market, emphasizing broker involvement in multifamily property sales.