Brett Harris Acquires Other Vacant Property In North Miami Beach For $3.9M
288 Ocean Boulevard, North Miami Beach, Florida 33160, United States
$3,900,000
$736/SF
Building Size
5,293 SF
Asset Type
Other
Closing
Apr 7, 2022
About this deal
AI
The property located at 288 Ocean Blvd in North Miami Beach, FL has been sold in a recent transaction. The property is described as an other vacant asset, spanning a total of 5,293 square feet. The sale took place on April 8, 2022.
Summary of transaction details
- Property Type: Other Vacant
- Transaction Amount: $3,900,000
- Price per Square Foot: $737
- Buyer: Brett Harris
- Seller: Igor Flasz Goldberg
Brett Harris has acquired the property located at 288 Ocean Blvd. The seller in this transaction was Igor Flasz Goldberg. The transaction amount for the sale was $3,900,000, with a price per square foot of $737.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.07%
Cash-on-Cash
-1.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93