facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Multifamily

/

Sale

/

430 81st Street, Miami Beac...

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

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.

Players

Perla Lluy

Buyer

$7.1M

vol

2 deals

Buyer

Matis Cohen

Seller

$13.4M

vol

4 deals

Seller

Miami Beach MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

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