Rostislav Krasnov Sells Miami Beach Condo For $5.2M
4701 North Meridian Avenue, Miami Beach, FL, USA
$5,200,000
$1,355/SF
Building Size
3,835 SF
Asset Type
—
Closing
Jul 25, 2021
About this deal
AI
The condo located at 4701 North Meridian Ave in Miami Beach has been sold for a price of $5,200,000. The property spans 3,835 square feet and has a price per square foot of $1,356.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $5,200,000
- Square Footage: 3,835
- Price per Square Foot: $1,356
- Address: 4701 North Meridian Ave, Miami Beach
The seller of the condo was Rostislav Krasnov. The transaction was facilitated by broker Carl Gambino from Compass.
The commercial sale at 4701 North Meridian Avenue, Miami Beach, FL, USA in Miami Beach, Florida sold for $5.2M in 2021. The building is 3,835 square feet, implying about 1.4K per square foot on the published price. Carl Gambino, Compass appear on the sale alongside Compass. This page is the Miami Beach, Florida file for the 4701 North Meridian Avenue, Miami Beach, FL, USA commercial sold: pricing, party profiles, and other closed commercial comps from the same Miami Beach sit in the Market section below. Filter that Miami Beach commercial set by closing date to see what else sold near 4701 North Meridian Avenue, Miami Beach, FL, USA around 2021. Published consideration for 4701 North Meridian Avenue, Miami Beach, FL, USA is $5.2M, dated 2021. Cite this Rostislav Krasnov Sells Miami Beach Condo For $5.2M sale when underwriting similar commercial product around Miami Beach, Florida.
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Deal FAQ
About $1.4K per square foot on a published $5.2M for 3,835 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.05%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93