Updated May 5, 2026
Arx Fortis Trust Acquires New Construction Townhome In Dania Beach For $1.5M
4640 Southwest 32nd Avenue
$1,500,000
$681/SF
Building Size
2,200 SF
Asset Type
Single Family Residence
Closing
Apr 29, 2026
About this deal
AI
The property involved in this transaction is a new construction townhome located at 4640 Southwest 32nd Avenue D1 in Dania Beach. The sale price for this asset was $1,500,000, with a square footage of 2,200 and a price per square foot of $681.
Summary of transaction details:
- Property Type: New Construction Townhome
- Transaction Amount: $1,500,000
- Buyer: Arx Fortis Trust
- Seller: Joseph Caruso
- Brokers: Jessica Sonino & Joseph Bograd - LoKation® Real Estate
This transaction represents a property in the H2O Dania community, a gated townhome development featuring modern residences and limited inventory. The community offers deeded boat slips for select residences and is conveniently located near Fort Lauderdale Airport, beaches, and various amenities.
On the Map
$1,500,000
$681/SF
Single Family Residence
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93