The thesis

Why we bought this

A full cycle: bought at $330K, repositioned and renovated, sold at a recorded $730K after a four-year hold - entry and exit with the same brokerage.

This is the full investor cycle in one property: acquisition, repositioning, renovation, hold, exit. The investor, working with Oleg Sergiienko on both ends, acquired this three-unit, 2,565-square-foot Dania Beach property at approximately $330,000, renovated and improved its operation, held roughly four years, and sold at a recorded $730,000. The gross price increase was $400,000 - approximately 121%, a 2.2x multiple - before renovation, financing, carrying, transaction, and tax costs, which are not deducted in that figure. The continuity mattered: the same brokerage relationship that underwrote the entry basis also timed and executed the exit, so the strategy stayed consistent from the first walkthrough to the closing table. The brokerage's July 2026 estimate places the asset around $870,000 today - value that belongs to the current owner, after the investor's completed exit, and is noted only as market context.

Highlights

What made this one work

  • ~$330,000 acquisition
  • $730,000 recorded resale
  • +$400,000 gross price increase (~121%, 2.2x) before all expenses
  • ~4-year hold
  • 3 units, 2,565 sq ft
  • Entry and exit executed with Oleg Sergiienko
Value today

Brokerage estimate of value, July 2026

$870Kestimate

Reflects the asset under its current ownership, after the investor's exit.

Updated July 1, 2026

The asset

What you're buying

Address55 SW 12th St, Dania Beach, FL 33004
CityDania Beach
CountyBroward
Property typeSingle-Family Home
Building SF2,565
Year built1970
Gallery

Inside the property

1 / 9
The numbers

The math behind the deal

Price / SF
$285
Financing assumptions estimate
30% down7.25% rate25-yr amort
Full numbers

See the cap rate, rent roll, comps & exits

Leave your email or phone. We'll unlock the full memo now and send follow-up deals matching this thesis.

We never share your info. Unsubscribe any time.

Plain English

What the numbers mean

A 2.2x gross multiple over four years is the headline, but the working number is the entry basis: at $330,000, the renovation budget and the hold both had room to be imperfect. Exits are made possible at the entry.

Note

From the agent

Oleg Sergiienko supported the investor through both transactions: acquisition underwriting, renovation-era strategy, exit timing, and the closing at $730,000.

Takeaway

The bottom line

One relationship, one thesis, one complete cycle - entered cheaply enough that everything after had margin.

Planning a full-cycle investment? Ask SunSt to underwrite the exit before you enter.

FAQ

Common questions

What were the entry and exit prices?+

Acquisition at approximately $330,000 and a recorded resale at $730,000 about four years later.

Did the investor make $400,000?+

The gross price increase was $400,000 before renovation, financing, carrying, transaction, and tax costs. Net results were lower; SunSt does not publish clients' net figures.

Who owns the appreciation since the sale?+

The current owner. The brokerage's July 2026 estimate of roughly $870,000 reflects the asset after the investor's exit and is shown only as market context.

Represented by
Oleg Sergiienko supported the investor through both transactions: acquisition underwriting, renovation-era strategy, exit timing, and the closing at $730,000.
Share this story
All information is deemed reliable but not guaranteed and should be independently verified. Pro-forma figures marked "estimate" reflect the memo author's underwriting and are not appraisals. Cap rates and price-per-SF are calculated from the fields on this page and update as those fields do.