Updated Jul 1, 2026
SOLDMultiFamily
Adam Marcuvitz Acquires Multifamily Properties In Fort Lauderdale For $8.87M With Native Realty
610 Northeast 1st Avenue, 629 Northeast 2nd Avenue & 622 Northeast 1st Avenue
$8,870,000
$516/SF
Building Size
17,165 SF
Asset Type
MultiFamily
Closing
Jun 17, 2026
About this deal
AI
The transaction involved the sale of a multifamily property located at 610 Northeast 1st Avenue, 629 Northeast 2nd Avenue, and 622 Northeast 1st Avenue in the Fort Lauderdale market. The sale price was $8,870,000, encompassing 43 units across a total square footage of 31,702, resulting in a price per unit of $206,279 and a price per square foot of $280.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $8,870,000
- Units: 43
- Square Footage: 31,702
- Price Per Unit: $206,279
- Price Per Square Foot: $280
- Buyer: Adam Marcuvitz
- Seller: Caldwell Cooper & Susan Cooper
- Buyer's Representative: Adam Docktor - Native Realty
- Seller's Representative: Jaime Sturgis - Native Realty
This transaction highlights the roles played by the representatives involved, specifically Adam Docktor and Jaime Sturgis, both from Native Realty, who facilitated the sale for the buyer and the seller, respectively.
On the Map
$8,870,000
$516/SF
MultiFamily
View full map
Players
Market MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Adam Marcuvitz to view all their deals.
Browse Florida multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.79%
Cash-on-Cash
-0.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93