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112 West Palm Midway Street...

Katrina Campins Acquires SFR In Miami Beach For $6.4M
SOLDOther

Katrina Campins Acquires SFR In Miami Beach For $6.4M

112 West Palm Midway Street, Miami Beach, Florida 33139, United States

$6,400,000

$1,385/SF

Building Size

4,618 SF

Asset Type

Other

Closing

Apr 20, 2022

AI

A single-family residence located at 112 West Palm Midway in Miami Beach has been sold. The property was sold on 04/21/2022 for a sale price of $6,400,000. The property spans 4,434 square feet, resulting in a price per square foot of $1,443. The transaction was facilitated by David Pullman of Sotheby's International Realty as the seller's representative and Katrina Campins of The Campins Company as the buyer's representative.

Summary of transaction details

  • Property Type: SFR (Single-Family Residence)
  • Date: 04/21/2022
  • Address: 112 West Palm Midway, Miami Beach
  • Market: Miami Beach
  • Asking Price: $6,800,000
  • Sale Price: $6,400,000
  • Square Footage: 4,434
  • Price per Square Foot: $1,443

The seller's representative in this transaction was David Pullman of Sotheby's International Realty, while the buyer's representative was Katrina Campins of The Campins Company. This deal showcases the collaboration between these reputable real estate professionals in successfully closing the sale of this Miami Beach property.

Players

Katrina Campins

Broker

$64.6M

vol

8 deals

Broker

Miami Beach Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.48%

Cash-on-Cash

-0.71%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93