Updated Aug 18, 2026
Lowell Dunn Acquires Miami Beach Multifamily Property From Loretta Dunn For $1,650,000
830�80�st
$1,650,000
$132/SF
Building Size
12,412 SF
Asset Type
MultiFamily
Closing
Apr 28, 2014
About this deal
AI
The property involved in this transaction is a MultiFamily asset located at 830 80 St in the Miami Beach market. The total square footage of the property is 12,412, with a sale price of $1,650,000.00.
Summary of transation details:
- Property Type: MultiFamily
- Transaction Amount: $1,650,000.00
- Address: 830 80 St
- Market: Miami Beach
- Square Footage: 12,412
- Buyer: Lowell Dunn
- Seller: Loretta Dunn
- Broker: Arthur Porosoff
This transaction features Lowell Dunn as the buyer, acquiring the asset from seller Loretta Dunn. Broker Arthur Porosoff facilitated the deal, representing the transaction's interests.
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
9.61%
Cash-on-Cash
-2.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93