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430 81st Street, Miami Beac...

Updated Dec 19, 2023

Perla Lluy Acquires Multifamily Property On 81st St In Miami Beach For $2.9M
SOLDMultiFamily

Perla Lluy Acquires Multifamily Property On 81st St In Miami Beach For $2.9M

430 81st Street, Miami Beach, Florida 33141, United States

$2,900,000

$759/SF

Building Size

3,818 SF

Asset Type

MultiFamily

Closing

Aug 2, 2022

About this deal

AI

The multifamily property located at 430 81st St in Miami Beach, FL has been sold in a recent transaction. The property spans 3,818 square feet and was sold for a price of $2,900,000, resulting in a price per square foot of $759.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,900,000
  • Address: 430 81st St, Miami Beach, FL
  • Market: Miami Beach, FL
  • Buyer: Perla Lluy
  • Seller: Matis Cohen
  • Square footage: 3,818
  • Price per square foot: $759

Perla Lluy was the buyer in this transaction, while Matis Cohen acted as the seller of the property.

On the Map

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$2,900,000

$759/SF

MultiFamily

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Players

Perla Lluy

Buyer

$7.1M

vol

2 deals

Buyer

Matis Cohen

Seller

$13.4M

vol

4 deals

Seller
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Miami Beach MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $759 per square foot on a published $2.9M for 3,818 square feet (2022).

Visit Matis Cohen 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

5.47%

Cash-on-Cash

-1.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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