Amr Alian Acquires Multifamily Property In Miami Beach For $870K
145 South Shore Drive, Miami Beach, Florida 33141, United States
$870,000
$213/SF
Building Size
4,081 SF
Asset Type
MultiFamily
Closing
May 12, 2022
AI
A multifamily property located at 145 S Shore Dr in Miami Beach has been sold for a total of $870,000. The property consists of 4 units with a price per unit of $217,500. The total square footage of the property is 4,081, resulting in a price per square foot of $213.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $870,000
- Buyer: Amr Alian
- Seller: Gervacio Gonzalez
- Broker: Leor Fidler - Silmar Realty
- Units: 4
- Price per Unit: $217,500
- Square Footage: 4,081
- Price per Square Foot: $213
The buyer of the property is Amr Alian, while the seller is Gervacio Gonzalez. The transaction was facilitated by Leor Fidler from Silmar Realty.
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
18.23%
Cash-on-Cash
-5.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93