Jill Herzog Acquires Miami Beach Condo For $8.4M
Miami Beach, FL, USA
$8,400,000
$3,008/SF
Building Size
2,792 SF
Asset Type
Condo
Closing
Nov 1, 2021
AI
A condo in Miami Beach has been sold for a price of $8,400,000. The property spans 2,792 square feet and has a price per square foot of $3,009. The sale was completed on 11/01/2021.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $8,400,000
- Square Footage: 2,792
- Price per Square Foot: $3,009
The buyer of the condo is Jill Herzog, while the seller is Barry Brown and Michael Pulwer. Jill Herzog is associated with ZOG Digital, and Senada Adzem from Douglas Elliman represented her as the buyer's representative. Eddy Martinez and Roland Ortiz from One Sotheby’s International Realty acted as the seller's representatives.
Players
Miami Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.89%
Cash-on-Cash
-0.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93