Lorena Gonzalez Acquires Multifamily Asset In Hollywood From Tal Urbach For $4.36M
SOLD
$4,362,500
Florida
See Similar DealsMultiFamily14,472 SF
Sold 05/21/2026
SOLD
Lorena Gonzalez Acquires Multifamily Asset In Hollywood From Tal Urbach For $4.36M
1400 North 17th Avenue
See Similar DealsMultiFamily14,472 SF
Sold 05/21/2026
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$301
Total Square Footage:14,472 SF
Transaction Type:Sale
The transaction involves a multifamily asset located at 1400 North 17th Avenue in Hollywood. This property was sold for $4,362,500, comprising 22 units with a total square footage of 14,472. The price per unit stands at $198,295 while the price per square foot is $301.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,362,500
- Address: 1400 North 17th Avenue
- Market: Hollywood
- Units: 22
- Square Footage: 14,472
- Price Per Unit: $198,295
- Price Per Square Foot: $301
- Seller: Tal Urbach
- Buyer: Lorena Gonzalez
- Seller's Representative: Hernando Perez - Horvath & Tremblay
The deal was facilitated by Hernando Perez, representing the seller Tal Urbach, highlighting the collaborative effort between the parties involved in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$232,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,499.04
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,680.48
Annual Debt Service$248,165.71
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