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8949 Harding Avenue, Miami,...

Updated Dec 21, 2023

Neil Goodman & Davey Liang Acquire 5& Family Property On Harding Ave, Miami Beach For $2.075M
SOLDMultiFamily

Neil Goodman & Davey Liang Acquire 5& Family Property On Harding Ave, Miami Beach For $2.075M

8949 Harding Avenue, Miami, Florida 33154, United States

$2,075,000

$580/SF

Building Size

3,576 SF

Asset Type

MultiFamily

Closing

Aug 7, 2022

About this deal

AI

An investment property located at 8949 Harding Ave in Miami Beach, FL has been sold in a recent transaction. This property falls under the asset type of 5+ Family, indicating it has multiple residential units. The sale took place on August 8, 2022, with a selling price of $2,075,000. The property spans a total of 3,576 square feet, resulting in a price per square foot of $580.

Summary of transaction details

  • Property Type: 5+ Family
  • Transaction Amount: $2,075,000
  • Address: 8949 Harding Ave, Miami Beach, FL
  • Market: Miami Beach, FL
  • Square Footage: 3,576
  • Price per Square Foot: $580

The buyer of the property is Neil Goodman and Davey Liang, while the seller is Leor Ben-Moshe.

Players

Surfside MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $580 per square foot on a published $2.1M for 3,576 square feet (2022).

Browse Surfside multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.64%

Cash-on-Cash

-2.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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