facebook
Traded Co logo
Submit

Mor Sharabani Acquires Multifamily In Miami Beach For $920K

Property Image
SOLD
$920,000

Florida

See Similar Deals
MultiFamily5,650 SF
Sold 11/02/2021
the dealplayerscompscontact
Property Image
SOLD

Mor Sharabani Acquires Multifamily In Miami Beach For $920K

785 81st Street, Miami Beach, FL 33141

See Similar Deals
MultiFamily5,650 SF
Sold 11/02/2021
Contact now

Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$162
Total Square Footage:5,650 SF
Transaction Type:Sale

A multifamily property located at 785 81st Street in Miami Beach has been sold for a price of $920,000. The transaction took place on 11/02/2021. The property consists of 5 units, resulting in a price per unit of $184,000. This sale was facilitated by Leor Fidler, a broker specializing in off-market transactions in the Miami Beach market.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $920,000
  • Address: 785 81st Street, Miami Beach
  • Market: Miami Beach
  • Units: 5
  • Price per Unit: $184,000
  • Date: 11/02/2021

Mor Sharabani, the buyer of the property, is known for being intensely active in the Miami Beach area. He is constantly looking for multifamily deals, with his main focus being value-add real estate. Additionally, he also welcomes ground-up developments. If you want to reach out to Mor Sharabani, you can contact him at [email protected] or (516) 280-0534.

Leor Fidler, the broker who represented the buyer in this transaction, specializes in facilitating off-market transactions in the Miami Beach market. He is constantly seeking opportunities to connect buyers and sellers. You can reach out to Leor Fidler for any real estate needs in the Miami Beach area.

Players

Leor Fidler
9 deals$9M volume(516) 580-2329
BROKER

Details

SOLD
IMAGE: Leor Fidler & Mor Sharabani DATE: 11/02/2021 ADDRESS: 785 81st Street MARKET: Miami Beach ASSET TYPE: Multifamily BUYER: Mor Sharabani (@Mor_Sharabani) BROKER: Leor Fidler (@Mister_Fidler) SALE PRICE: $920,000 UNITS: 5 ~ PPU: $184,000 NOTE FROM BUYER: Mor is intensely active in the Miami Beach area and is constantly looking for MF deals. His main focus is value add real estate, but also welcomes ground up developments. Feel free to contact at: [email protected], (516) 280-0534. NOTE FROM BROKER: Leor specializes in facilitating off market transactions throughout the Miami Beach market. Leor is constantly looking to connect buyers and sellers!

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$49,066.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,268.56
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,361.27
Annual Debt Service$52,335.23