Arcenio A. Barrios Sells Miami Beach Condo For $5.9M With Brokers Mushka Jacobson & Dina Goldentayer - Douglas Elliman
4701 North Meridian Avenue, Miami Beach, Florida 33140, United States
$5,900,000
$1,749/SF
Building Size
3,372 SF
Asset Type
—
Closing
May 3, 2022
AI
The condominium located at 4701 N Meridian Ave in Miami Beach has been sold in a recent transaction. The property spans a total area of 3,372 square feet and is categorized as a condo. The sale price for this asset was $5,900,000, resulting in a price per square foot of $1,750. The seller of this property was Arcenio A. Barrios.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $5,900,000
- Address: 4701 N Meridian Ave, Miami Beach
- Square Footage: 3,372
- Seller: Arcenio A. Barrios
- Brokers: Mushka Jacobson & Dina Goldentayer - Douglas Elliman
- Price Per Square Foot: $1,750
Mushka Jacobson and Dina Goldentayer of Douglas Elliman represented the seller, Arcenio A. Barrios, in this successful transaction.
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
2.69%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93