Press & Media


‘NOBE House’ Project sells for over $5M

‘NOBE House’ Project sells for over $5M

Tzadik Management has closed on the sale of the ‘NOBE House’ property, located at 8505 Harding Ave in North Miami Beach. The property was initially purchased by Tzadik in 2014 and just sold for over $5M.

The 24-unit project was sold to the Aventura-based Stark Development LLC. Fortune International Realty agent Michael Davalos acted as the representative for seller, who after working with the city of Miami Beach, has decided to turn the Condo Project into a Hotel.

read more
Tzadik Management Acquires Newest Tampa Property

Tzadik Management Acquires Newest Tampa Property

Tzadik Management has expanded their Tampa area Multi-Family community with the purchase of the 453-unit community formally known as University Oakwoods, located at 1250 E. 113th Ave in Tampa, FL.

This is now the 4th property owned and operated by Tzadik in the North Tampa area. Tzadik has changed the Complex name to ‘Tzadik Oaks’ and plans to do large scale renovations to rejuvenate the property.

read more
Distressed Acquisition sets path for high profit margin

Distressed Acquisition sets path for high profit margin

Tzadik Management has completed the Sale of the 7451 Building on Harding Avenue in Miami Beach, FL. The 26-unit Apartment Complex was acquired by Boardwalk Properties LLC for $128,827 per unit.

Initially acquired by Tzadik in April of 2013, the property was in a dilapidated state, in need of significant repair and improvement. After nearly 2 years of remodeling and expansion, the property was reoccupied and ultimately sold at over 4 times the price of the original purchase.

read more