Updated Dec 20, 2023
Douglas Elliman Sells Resi Condo In Miami Beach For $2.45M With Buyer's Rep Oliver Lloyd & Seller's Rep Sonia Gerald
4701 Meridian Ave #211, Miami Beach, Fl 33140, Usa
$2,450,000
$83/SF
Building Size
29,490 SF
Asset Type
—
Closing
Sep 22, 2020
About this deal
AI
The property at 4701 N. Meridian, Unit 211 in Miami Beach has been sold for a total price of $2,450,000. The residential condominium spans across 2,949 square feet and has a price per square foot of $830.
Summary of transaction details
- Property Type: Resi Condo
- Transaction Amount: $2,450,000
- Square Footage: 2,949
- Price per Square Foot: $830
- Address: 4701 N. Meridian, Unit 211
- Market: Miami Beach
Julio and Marissa Jimenez were the sellers of the property, while Oliver Lloyd from Douglas Elliman represented the buyer. The seller was represented by Sonia Gerald, also from Douglas Elliman.
For more information about this transaction, please contact Oliver Lloyd at Douglas Elliman.
Players
Miami Beach CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
About $83 per square foot on a published $2.5M for 29,490 square feet (2020).
Browse Connecticut sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.47%
Cash-on-Cash
-1.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93