McFig LLC, Carreras Properties LLC, And Lazarous Properties LLC Acquire 59-Unit Multifamily Property In Fort Lauderdale For $13.1M

A multifamily property located in Fort Lauderdale has been sold for a total of $13,130,000. The property consists of 59 units and is situated at 912, 320 Northeast 15th Avenue; 1606 Northeast Second Court; 207 Southeast 10th Terrace; 315 Southeast 11th Avenue; 408 Northeast Seventh Avenue; 820 North Victoria Park Road; and 86 Isle Venice Drive. The price per unit for this transaction was $222,500.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $13,130,000
• Units: 59
• Price Per Unit (PPU): $222,500

McFig LLC represented by Edward F. Figaredo, Carreras Properties LLC represented by Luis Carreras, and Lazarous Properties LLC represented by Lazaro J. Alonso acquired the property from Atlantic Loft LLC (Park Place Financial), Owen Whyte, and Spencer Thwaytes. The transaction was facilitated by brokers Joseph P. Thomas, Adam Duncan, and Tyler Carbonelli from Marcus & Millichap.