Zvi Yosifon & Tal Nemzer Acquire Miami Beach Multifamily For $2.9M
1125 97th Street, Miami, Florida 33154, United States
$2,900,000
$625/SF
Building Size
4,640 SF
Asset Type
MultiFamily
Closing
Jun 15, 2022
AI
The asset involved in this transaction is a multifamily property located at 1125 97th St, Miami Beach, FL. The transaction was finalized for a price of $2,900,000, with the property encompassing a total square footage of 4,640. The price per square foot amounts to $625.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,900,000
- Address: 1125 97th St
- Market: Miami Beach, FL
- Square Footage: 4,640
- Price per Square Foot: $625
- Buyer: Zvi Yosifon & Tal Nemzer
- Seller: Ori Darmon
The transaction involved buyers Zvi Yosifon and Tal Nemzer purchasing the property from seller Ori Darmon. No further details regarding the representatives for either the buyers or seller have been provided.
Players
Bay Harbor Islands MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93