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432 Southeast 20th Street

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

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

Moshe Cohen

Seller

$5M

vol

2 deals

Seller

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