Yosef Martin Acquires Multifamily Property In Fort Lauderdale For $1.59M
508 SW 4th St, Miami, FL 33130, USA
$1,590,000
$132/SF
Building Size
12,000 SF
Asset Type
MultiFamily
Closing
Oct 13, 2022
AI
Located at 508 SW 4th St in Fort Lauderdale, Miami, this multifamily property was recently sold for a total of $1,590,000. With a total square footage of 12,000, the sale price per square foot comes out to be $133. The transaction took place on October 14, 2022.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,590,000
The buyer in this transaction was Yosef Martin, while Max Gurdus acted as the seller. The deal was facilitated by Mary Yasol from Coldwell Banker, who represented the buyer in this transaction.
Players
Market 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
9.98%
Cash-on-Cash
-2.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93