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1745 W 23rd Street

Evan Weiss Acquires Miami Beach SFR From Nicholas Tanksley Smith For $5.07M
SOLD

Evan Weiss Acquires Miami Beach SFR From Nicholas Tanksley Smith For $5.07M

1745 W 23rd Street

$5,074,000

Building Size

Asset Type

Closing

Jul 25, 2022

AI

Evan Weiss has purchased a single-family residence (SFR) located at 1745 W 23rd Street in Miami Beach for $5,074,400. The property spans 2,395 square feet, resulting in a price per square foot of $2,119.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $5,074,400
  • Buyer: Evan Weiss (@EvanjWeiss)
  • Seller: Nicholas Tanksley Smith
  • Seller's Rep: John Sandberg - Douglas Elliman
  • Market: Miami Beach

Evan Weiss, represented by his agent John Sandberg from Douglas Elliman, acquired the property from seller Nicholas Tanksley Smith.

Players

Evan Weiss

Buyer

$20.1M

vol

5 deals

Buyer

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

3.13%

Cash-on-Cash

-0.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93