102 24th Street #1406
102 24th St, Miami Beach, Florida 33139, United States
$2,075,000
$2,323/SF
Building Size
893 SF
Asset Type
Hotel
Closing
Oct 25, 2022
About this deal
AI
No summary available.
The hotel sale at 102 24th St, Miami Beach, Florida 33139, United States in Miami Beach, Florida sold for $2.1M in 2022. The building is 893 square feet, implying about 2.3K per square foot on the published price. This page is the Miami Beach, Florida file for the 102 24th St, Miami Beach, Florida 33139, United States hotel sold: pricing, party profiles, and other closed hotel comps from the same Miami Beach sit in the Market section below. Filter that Miami Beach hotel set by closing date to see what else sold near 102 24th St, Miami Beach, Florida 33139, United States around 2022. Published consideration for 102 24th St, Miami Beach, Florida 33139, United States is $2.1M, dated 2022. Cite this 102 24th Street #1406 sale when underwriting similar hotel product around Miami Beach, Florida.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.64%
Cash-on-Cash
-2.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93