Andre Branch Acquires Miami Beach Condo For $3.56M With Buyer's Rep Julian Cohen
4701 North Meridian Avenue, Miami Beach, FL 33140, USA
$3,560,000
$1,101/SF
Building Size
3,232 SF
Asset Type
—
Closing
Oct 25, 2021
AI
A condo located at 4701 N Meridian Ave in Miami Beach has been sold for a price of $3,560,000. The property has a total area of 3,232 square feet and a price per square foot of $1,101. The sale took place on October 25, 2021. The buyer of the condo is Andre Branch.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $3,560,000
- Address: 4701 N Meridian Ave, Miami Beach
- Square Footage: 3,232
- Price per Square Foot: $1,101
- Date: October 25, 2021
Representing the buyer in this transaction is Julian Cohen from The Jill Zeder Group - Coldwell Banker.
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
4.46%
Cash-on-Cash
-1.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93