Updated Jul 10, 2026
Erwin Sredni & Janatan Sredni Acquire Multifamily Property In Miami Beach For $6.8M
1971 Bay Dr, Miami Beach, Florida 33141, United States
$6,800,000
$738/SF
Building Size
9,205 SF
Asset Type
MultiFamily
Closing
Jan 13, 2022
About this deal
AI
The multifamily property located at 1971 Bay Dr in Miami Beach, FL was sold on January 14, 2022, in a closed transaction for $6,800,000. The property spans a total area of 9,205 square feet, resulting in a price per square foot of $738.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $6,800,000
- Square Footage: 9,205
- Price per Square Foot: $738
Erwin Sredni and Janatan Sredni acted as the buyers in this transaction, while Yariv Bensira served as the seller.
On the Map
$6,800,000
$738/SF
MultiFamily
View full map
Players
Miami Beach MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Yariv Bensira to view all their deals.
Browse Florida multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.33%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93