Mia Curson, Chase Curson, Laura Curson Of Coldwell Banker Sell Multifamily In Miami Beach For $5.28M
SOLD
$5,280,000
+ 1
Florida
See Similar DealsMultiFamily8,842 SF
Sold 04/11/2025
SOLD
Mia Curson, Chase Curson, Laura Curson Of Coldwell Banker Sell Multifamily In Miami Beach For $5.28M
4301 North Adams Avenue & 4301 North Adams Avenue
See Similar DealsMultiFamily8,842 SF
Sold 04/11/2025
+ 1
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$597
Total Square Footage:8,842 SF
Transaction Type:Sale
The property asset under consideration is a multifamily unit located at 4301 North Adams Avenue, situated in the Miami Beach market. The transaction was completed for a price of $5,280,000. The building encompasses 4,421 square feet, resulting in a price per square foot of $1,194.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,280,000
- Square Footage: 4,421
- Price per Square Foot: $1,194
- Address: 4301 North Adams Avenue
- Market: Miami Beach
The transaction involved key individuals and brokerage firms, with Mia Curson, Chase Curson, and Laura Curson representing the seller under Coldwell Banker, while Cyril Matz represented the buyer through Douglas Elliman.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$281,599.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$18,758.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$25,029.89
Annual Debt Service$300,358.72
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