Baruk Benamran Acquires 5& Family Property On Euclid Ave In Miami Beach For $3.1M
1414 Euclid Avenue, Miami Beach, Florida 33139, United States
$3,100,000
$440/SF
Building Size
7,040 SF
Asset Type
MultiFamily
Closing
Oct 23, 2022
AI
The 5+ family property located at 1414 Euclid Ave in Miami Beach, FL was recently sold for a price of $3,100,000. The property spans across a total area of 7,040 square feet, resulting in a price per square foot of $440.
Summary of transaction details
- Property Type: 5+ Family
- Transaction Amount: $3,100,000
- Address: 1414 Euclid Ave, Miami Beach, FL
- Market: Miami Beach, FL
- Buyer: Baruk Benamran
- Seller: Marc Shulman
- Square Footage: 7,040
- Price per Square Foot: $440
Baruk Benamran acted as the buyer in this transaction, while Marc Shulman served as the seller.
Players
Miami Beach 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
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93