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
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