John Schafer Purchases Land From Flavia Vanina Lowenstein In North Miami Beach For $2.15M
30-2218-002-0861
$2,150,000
$17/SF
Building Size
120,780 SF
Asset Type
Land
Closing
Aug 10, 2026
About this deal
AI
The sale involves land located at 312, 350 & 352 NE 154 ST in North Miami Beach. The transaction was completed with a sale price of $2,150,000, covering a total area of 120,780 square feet, which translates to a price per square foot of $17.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $2,150,000
- Buyer: John Schafer
- Seller: Flavia Vanina Lowenstein
- Brokers: Carl Gorman & Ricardo Lay - APEX Capital Realty
John Schafer represented the buyer in this transaction, while Flavia Vanina Lowenstein was the seller. The brokers involved in the deal were Carl Gorman and Ricardo Lay, associated with APEX Capital Realty, who facilitated the sale of the property.
On the Map
$2,150,000
$17/SF
Land
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.38%
Cash-on-Cash
-2.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93