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145 South Shore Drive, Miam...

Amr Alian Acquires Multifamily Property In Miami Beach For $870K
SOLDMultiFamily

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

Leor Fidler

Silmar Realty

Broker

$9M

vol

9 deals

Broker
Amr Alian

Amr Alian

Miami Vice Properties

Buyer

$13.1M

vol

7 deals

Buyer

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