Andre Branch Acquires Miami Beach Condo For $3.56M With Buyer's Rep Julian Cohen
SOLD
$3,560,000
Florida
See Similar Deals3,232 SF
Sold 10/25/2021
SOLD
Andre Branch Acquires Miami Beach Condo For $3.56M With Buyer's Rep Julian Cohen
4701 North Meridian Avenue, Miami Beach, FL 33140, USA
See Similar Deals3,232 SF
Sold 10/25/2021
Summary
FLORIDA
Price Per Square Foot:$1,101
Total Square Footage:3,232 SF
Transaction Type:Sale
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
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$189,866.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,647.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,876.22
Annual Debt Service$202,514.59
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