Omid Esmailzadegan Buys Fort Lauderdale Multifamily Property From Moshe Cohen For $2.25M
432 Southeast 20th Street
$2,250,000
$310/SF
Building Size
7,252 SF
Asset Type
MultiFamily
Closing
Jul 14, 2025
AI
This multifamily asset, located at 432 Southeast 20th Street in the Fort Lauderdale market, was sold for $2,250,000. It consists of 12 units, offering a price per unit of $187,500. The total square footage of the property is 7,252, which translates to a price per square foot of $310.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,250,000
- Units: 12
- Square Footage: 7,252
- Price per Unit: $187,500
- Price per Square Foot: $310
- Buyer: Omid Esmailzadegan
- Seller: Moshe Cohen
- Attorney: Omid John, P.A.
- Sale Date: 07/15/2025
The transaction was facilitated with the involvement of the buyer, Omid Esmailzadegan, who secured the property from seller Moshe Cohen. Legal representation for the deal was provided by attorney Omid John, P.A., ensuring all contractual obligations and legalities were appropriately managed during the transaction process.
Players
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
7.05%
Cash-on-Cash
-2.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93