Updated Dec 19, 2023
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.
Players
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
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93