Evan Weiss Sells Miami Beach SFR For $4.9M With Buyer's Rep Matt Crane & Seller's Rep David Hunt Solomon & Jacqueline Oliva
3471 Sheridan Avenue
$4,900,000
$1,358/SF
Building Size
3,607 SF
Asset Type
Co-Op
Closing
Jan 6, 2023
About this deal
AI
An SFR located at 3471 Sheridan Avenue in Miami Beach was recently sold for $4,900,000. The property spans across 3,607 square feet and was sold at a rate of $1,358 per square foot.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $4,900,000
- Address: 3471 Sheridan Avenue
- Market: Miami Beach
- Square Footage: 3,607
The seller of the property was Evan Weiss. Representing the buyer was Matt Crane from Compass, while David Hunt Solomon and Jacqueline Oliva from Berkshire Hathaway HomeServices represented the seller, Evan Weiss.
On the Map
$4,900,000
$1,358/SF
Co-Op
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Players
Miami Beach Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Deal FAQ
About $1.4K per square foot on a published $4.9M for 3,607 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.24%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93