Updated Dec 19, 2023
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
About this deal
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.
On the Map
$1,600,000
$233/SF
MultiFamily
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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