Notable sales / residential

55 SW 12th St, Dania Beach, FL 33004

A three-unit building in Dania Beach, acquired for approximately $330,000. Four years later, it sold for $730,000.

By Oleg SergiienkoSunSt Real EstateJuly 2022
The deal
Closed price
$730,000
Living area
2,565 SF
Price per SF
$285
Year built
1970
Property type
Single-Family Home
County
Broward
Closed
July 2022
55 SW 12th St, Fort Lauderdale, FL 33315
55 SW 12th St, Dania Beach, FL 33004, Dania Beach, Broward County.SunSt Real Estate

A three-unit building in Dania Beach, acquired for approximately $330,000. Four years later, it sold for $730,000.

An investor acquired the three-unit building in Dania Beach for approximately $330,000. Олег Сергиенко of SunSt represented the buyer. The property was renovated and its operations were improved. After a hold of roughly four years, the building was listed again for sale. The same agent, Олег Сергиенко, managed the disposition, which closed at a recorded price of $730,000. The work completed a full investment cycle, from underwriting the entry to timing the exit, all within a single brokerage relationship. The gross price increase was $400,000, or a 2.2x multiple, before the costs of renovation, financing, and the transaction itself. A brokerage estimate from July 2026 placed the asset's value near $870,000, a figure for market context only.

One agent. One strategy. The investment began with an entry price that created a margin for everything that followed.

SunSt Real Estate
The property
Questions

One agent. One strategy. The investment began with an entry price that created a margin for everything that followed.

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