Updated Dec 19, 2023
Igal Iiaimov Acquires Multifamily Property On Garden Ave In Miami Beach For $5.35M
3920 Garden Avenue, Miami Beach, Florida 33140, United States
$5,350,000
$685/SF
Building Size
7,802 SF
Asset Type
MultiFamily
Closing
Jun 15, 2022
About this deal
AI
A multifamily property located at 3920 Garden Ave in Miami Beach, FL has been sold for $5,350,000. The property spans 7,802 square feet, resulting in a price per square foot of $685.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,350,000
- Address: 3920 Garden Ave, Miami Beach, FL
- Market: Miami Beach, FL
The buyer of the property is Igal Iiaimov, and the seller is Gabriele Braha Izsak.
The multifamily sale at 3920 Garden Avenue, Miami Beach, Florida 33140, United States in Miami Beach, Florida sold for $5.4M in 2022. The building is 7,802 square feet, implying about 685 per square foot on the published price. This page is the Miami Beach, Florida file for the 3920 Garden Avenue, Miami Beach, Florida 33140, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Miami Beach sit in the Market section below. Filter that Miami Beach multifamily set by closing date to see what else sold near 3920 Garden Avenue, Miami Beach, Florida 33140, United States around 2022. Published consideration for 3920 Garden Avenue, Miami Beach, Florida 33140, United States is $5.4M, dated 2022. Cite this Igal Iiaimov Acquires Multifamily Property On Garden Ave In Miami Beach For $5.35M sale when underwriting similar multifamily product around Miami Beach, Florida.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.97%
Cash-on-Cash
-0.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93