Lisa S Krueger Acquires Condo On Ocean Dr, Miami Beach For $1.65M
1455 Ocean Drive, Miami Beach, FL, USA
$1,650,000
$1,137/SF
Building Size
1,450 SF
Asset Type
—
Closing
Dec 1, 2021
About this deal
AI
A condo located at 1455 Ocean Dr in Miami Beach has been sold in a recent transaction. The property features a total area of 1,450 square feet. The sale price was recorded at $1,650,000, resulting in a price per square foot of $1,138.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,650,000
- Address: 1455 Ocean Dr, Miami Beach
The buyer in this transaction is Lisa S Krueger, while the seller is Clayton A Varga. Devin Kay from Douglas Elliman represented the seller in the deal.
Please note that no additional information was provided regarding the terms of the transaction or any other involved parties.
Players
Miami Beach CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.61%
Cash-on-Cash
-2.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93