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Michael Arzillo Purchases Multifamily Asset At 7861 Johnson Street From John Feula For $2.325M

Property Image
SOLD
$2,325,000

Florida

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MultiFamily7,839 SF
Sold 02/11/2026
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Property Image
SOLD

Michael Arzillo Purchases Multifamily Asset At 7861 Johnson Street From John Feula For $2.325M

7861 Johnson Street

See Similar Deals
MultiFamily7,839 SF
Sold 02/11/2026
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$296
Total Square Footage:7,839 SF
Transaction Type:Sale

The property involved in this transaction is a multifamily asset located at 7861 Johnson Street in Pembroke Pines. The sale price of the asset was $2,325,000. The property comprises 12 units and has a total square footage of 7,839, resulting in a price per unit of $193,750 and a price per square foot of $296.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,325,000
  • Units: 12
  • Square Footage: 7,839
  • Price Per Unit: $193,750
  • Price Per Square Foot: $296
  • Buyer: Michael Arzillo
  • Seller: John Feula
  • Broker: Elior Levi - Fausto Commercial Realty Consultants

This transaction includes Michael Arzillo as the buyer and John Feula as the seller. Elior Levi represented the seller in this deal, providing brokerage services through Fausto Commercial Realty Consultants.

Players

Elior Levi
Fausto Commercial Realty Consultants
Elior Levi
38 deals$100.9M volume(954) 743-7594
BROKER

Details

SOLD
IMAGE: Elior Levi DATE: 02/11/2026 ADDRESS: 7861 Johnson Street MARKET: Pembroke Pines ASSET TYPE: Multifamily BUYER: Michael Arzillo SELLER: John Feula BROKER: Elior Levi (@eliorlevi17) - Fausto Commercial Realty Consultants (@FaustoCommercial) SALE PRICE: $2,325,000 UNITS: 12 ~ PPU: $193,750 SF: 7,839 ~ PPSF: $296

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

$124,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,260.23
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,021.69
Annual Debt Service$132,260.23