Updated Dec 21, 2023
Adis, Sadika, And Rusto Kolenovic Acquire Multifamily Property On Bay Dr In Miami Beach For $3.45M
6918 North Bay Road, Miami Beach, Florida 33140, United States
$3,450,000
$375/SF
Building Size
9,200 SF
Asset Type
MultiFamily
Closing
Mar 29, 2022
About this deal
AI
A multifamily property located at 6918 Bay Dr in Miami Beach, FL has been sold for a total price of $3,450,000. The property has a total square footage of 9,200 with a price per square foot of $375.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,450,000
- Address: 6918 Bay Dr, Miami Beach, FL
- Market: Miami Beach, FL
- Buyer: Adis Kolenovic, Sadika Kolenovic, and Rusto Kolenovic
- Seller: Maria C. Guardado
- Square Footage: 9,200
- Price per Square Foot: $375
The buyers of the property are Adis Kolenovic, Sadika Kolenovic, and Rusto Kolenovic. The seller is Maria C. Guardado.
Players
Miami Beach MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse Florida multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.60%
Cash-on-Cash
-1.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93