Updated May 23, 2025
Keith Barish Leases Single Family Home At 1350 West 29th Street Miami Beach For $100K/month
1350 West 29th Street
$100,000
$100,000/SF
Building Size
7,398 SF
Asset Type
Single Family Residence
Closing
Apr 30, 2025
About this deal
AI
A lease was finalized for a single-family property located at 1350 West 29th Street in the Miami Beach market. The lease price is set at $100,000 per month for a total leased space of 7,398 square feet. The arrangement is classified as a single net lease and spans a term of 2 years.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $100K/month
- Lease Term: 2 years
- Lease Type: Single Net Lease
- Tenant: Keith Barish
- Broker: George Burns - Sotheby's International Realty
- Date: 5/1/2025
George Burns represented the property transaction, facilitating the lease agreement between the landlord and tenant. The involvement of Sotheby's International Realty underscores the professional representation provided throughout the leasing process.
On the Map
$100,000
$100,000/SF
Single Family Residence
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Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
158.63%
Cash-on-Cash
-45.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93