Matthew K. Scheriff Acquires Condo In Miami Beach For $13M
SOLD
$13,000,000
Florida
See Similar DealsCondo4,500 SF
Sold 03/21/2023
SOLD
Matthew K. Scheriff Acquires Condo In Miami Beach For $13M
4401 Collins Ave #PH,Miami Beach, FL
See Similar DealsCondo4,500 SF
Sold 03/21/2023
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$2,888
Total Square Footage:4,500 SF
Transaction Type:Sale
A luxury condominium located at 4401 Collins Ave in Miami Beach, FL has been sold in a recent transaction. The condo spans across 4,500 square feet and was sold for a price of $13,000,000, resulting in a price per square foot of $2,888. The property offers exquisite amenities and is situated in a highly desirable area of Miami Beach.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $13,000,000
- Address: 4401 Collins Ave, Miami Beach, FL
- Seller: Caryl Englander
- Buyer: Matthew K. Scheriff
Caryl Englander, the seller of the condo, successfully completed the transaction with Matthew K. Scheriff, the buyer of the property. The deal was finalized on 03/21/2023. Both parties were represented by their respective brokers throughout the transaction process.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$693,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$46,186.27
Cash-on-Cash Return-1.27%
Monthly Debt Service$61,626.63
Annual Debt Service$739,519.59
Is there something missing? Send suggestions