Updated Dec 21, 2023
Neil Goodman & Davey Liang Acquire Multifamily Property In Miami Beach For $2.19M
8959 Harding Avenue, Miami, Florida 33154, United States
$2,190,000
$606/SF
Building Size
3,614 SF
Asset Type
MultiFamily
Closing
Jul 10, 2022
About this deal
AI
The multifamily property located at 8959 Harding Ave in Miami Beach, FL has been sold in a recent transaction. The property spans a total of 3,614 square feet and was sold for a price of $2,190,000, resulting in a price per square foot of $605.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,190,000
- Address: 8959 Harding Ave
- Market: Miami Beach, FL
The buyers involved in this transaction are Neil Goodman and Davey Liang, while the seller is Mark Blumstein.
Players
Surfside 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
7.24%
Cash-on-Cash
-2.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93