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759 Northeast 13th Court

13th Court Apartments LLC Purchases Multifamily Property In Fort Lauderdale From 749/759 SCJJC LLC For $1.69M
SOLDMultiFamily

13th Court Apartments LLC Purchases Multifamily Property In Fort Lauderdale From 749/759 SCJJC LLC For $1.69M

759 Northeast 13th Court

$1,687,500

$243/SF

Building Size

6,919 SF

Asset Type

MultiFamily

Closing

Aug 25, 2025

AI

A multifamily property located at 759 Northeast 13th Court in Fort Lauderdale has been sold for $1,687,500. The asset spans 6,919 square feet and consists of 9 units, resulting in a price per unit of $187,500 and a price per square foot of $244. The property encompasses a total of 0.37 acres.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,687,500
  • Units: 9
  • Total Square Footage: 6,919
  • Price Per Unit: $187,500
  • Price Per Square Foot: $244
  • Buyer: 13th Court Apartments LLC
  • Seller: 749/759 SCJJC LLC
  • Broker: Jaime Sturgis - Native Realty
  • Financing: $965K from Brightstar Credit Union

This transaction involved 13th Court Apartments LLC, which is associated with Steven Bader. The seller, 749/759 SCJJC LLC, is linked to Caldwell C. Cooper. Jaime Sturgis of Native Realty facilitated the sale on behalf of the seller.

Players

Jaime Sturgis

Native Realty

Broker

$243M

vol

48 deals

Broker
Native Realty
Native RealtyBrokerage

Fort Lauderdale MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.40%

Cash-on-Cash

-2.69%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93