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Igal Haimov, Aaron Haimov & Levi Haimov Acquire Office In Miami Beach For $17.5M

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SOLD
$17,500,000

Florida

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Igal Haimov, Aaron Haimov & Levi Haimov Acquire Office In Miami Beach For $17.5M

801 41st Street

See Similar Deals
MultiFamily52,000 SF
Sold 02/24/8
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Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$336
Total Square Footage:52,000 SF
Transaction Type:Sale

The property involved in this transaction is an office asset located at 801 41st Street in Miami Beach. It was sold for $17,500,000, covering a total area of 52,000 square feet, which equates to a price per square foot of $336.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $17,500,000
  • Address: 801 41st Street
  • Market: Miami Beach
  • Square Footage: 52,000
  • Price per Square Foot: $336
  • Buyer: Igal Haimov, Aaron Haimov & Levi Haimov
  • Buyer’s Entity: The Haimov Group
  • Seller: The Fifteen Group
  • Buyer’s Representative: Stacie Chavin - Stacie Chavin Real Estate
  • Seller’s Representative: Tyler de la Peña - Colliers International

The transaction involved notable individuals including the buyers Igal Haimov, Aaron Haimov, and Levi Haimov, who are associated with The Haimov Group. The seller was represented by Tyler de la Peña from Colliers International, while the buyers were represented by Stacie Chavin from Stacie Chavin Real Estate.

Players

Tyler de la Peña
6 deals$17.5M volume(754) 245-2780
BROKER

Stacie Chavin
Stacie Chavin Real Estate
1 deal$17.5M volume(305) 923-8085
BROKER

Details

SOLD
IMAGE: Aaron Haimov, Levi Haimov, Igal Haimov, Stacie Chavin & Tyler de la Peña DATE: 8/2/2024 ADDRESS: 801 41st Street MARKET: Miami Beach ASSET TYPE: Office BUYER: Igal Haimov, Aaron Haimov (@Aaron_haimov) & Levi Haimov (@Levi.haimov) - The Haimov Group (@TheHaimovGroup) SELLER: The Fifteen Group BUYER'S REP: Stacie Chavin (@Luxmiahomes) - Stacie Chavin Real Estate SELLER'S REP: Tyler de la Peña (@TcTylertc) - Colliers International (@ColliersInternational) SALE PRICE: $17,500,000 SF: 52,000 ~ PPSF: $336

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Operating Income
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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$62,173.82
Cash-on-Cash Return-1.27%
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