Ralph Puig Acquires Multifamily Asset In Dania Beach For $10 Million From The Hewlett Family

The property asset involved in this transaction is a multifamily building located at 306 Northeast 5th Court in Dania Beach. The sale price amounted to $10,000,000, encompassing 37 units. The total square footage of the property is 35,122, with a price per unit of $270,270 and a price per square foot of $284.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $10,000,000
• Address: 306 Northeast 5th Court
• Market: Dania Beach
• Units: 37
• Square Feet: 35,122
• Price Per Unit: $270,270
• Price Per Square Foot: $284
• Buyer: Ralph Puig
• Seller: Dennis Marrone - The Hewlett Family
• Brokers: Ryan Wold, Dan Dratch, Greg Matus & Ethan Krauss - Franklin Street

Key individuals involved in this transaction include buyer Ralph Puig and seller Dennis Marrone, representing The Hewlett Family. The brokerage team comprised Ryan Wold, Dan Dratch, Greg Matus, and Ethan Krauss from Franklin Street, facilitating the multifamily asset deal.