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415 76th Street, Miami Beac...

Diana Cabrera Acquires Multifamily Property In Miami Beach For $1.6M
SOLDMultiFamily

Diana Cabrera Acquires Multifamily Property In Miami Beach For $1.6M

415 76th Street, Miami Beach, FL 33141, USA

$1,600,000

$233/SF

Building Size

6,850 SF

Asset Type

MultiFamily

Closing

Aug 26, 2021

AI

The multifamily property located at 415 76th St in Miami Beach was sold on 08/26/2021. The property, with a total area of 6,850 square feet, was sold for a price of $1,600,000, resulting in a price per square foot of $234.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,600,000
  • Date: 08/26/2021
  • Address: 415 76th St, Miami Beach
  • Market: Miami Beach

The buyer of the property was Diana Cabrera, while the seller was Francois Bare. The transaction was facilitated by Marilina Apfelbaum and Samuel Heskiel from Beachfront Realty Inc., who represented the buyer and seller, respectively.

Players

Marilina Apfelbaum

Beachfront Realty

Broker

$226.6M

vol

19 deals

Broker

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

9.91%

Cash-on-Cash

-2.83%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93