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Omid Esmailzadegan Buys Fort Lauderdale Multifamily Property From Moshe Cohen For $2.25M

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SOLD
$2,250,000

Florida

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MultiFamily7,252 SF
Sold 07/15/2025
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Property Image
SOLD

Omid Esmailzadegan Buys Fort Lauderdale Multifamily Property From Moshe Cohen For $2.25M

432 Southeast 20th Street

See Similar Deals
MultiFamily7,252 SF
Sold 07/15/2025
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Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$310
Total Square Footage:7,252 SF
Transaction Type:Sale

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

2 deals$5M volume
SELLER

Details

SOLD
IMAGE: 07/15/2025 ADDRESS: 432 Southeast 20th Street MARKET: Fort Lauderdale ASSET TYPE: Multifamily BUYER: Omid Esmailzadegan (@Omidjohn_) SELLER: Moshe Cohen ATTORNEY: Omid John, P.A. (@OmidJohnlegal) SALE PRICE: $2,250,000 UNITS: 12 ~ PPU: $187,500 SF: 7,252 ~ PPSF: $310

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

$120,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,993.77
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,666.15
Annual Debt Service$127,993.77