Updated Dec 19, 2023
Matt Bires Acquires 11 La Gorce Cir Single Family In Miami Beach For $10.5M
11 Lagorce Circle, Miami Beach, Florida 33141, United States
$10,500,000
$1,861/SF
Building Size
5,642 SF
Asset Type
Single Family Residence
Closing
Jun 1, 1922
About this deal
AI
A single-family property located at 11 La Gorce Cir in Miami Beach, FL, was recently sold in a closed transaction. The property boasts a spacious 5,642 square feet of living space. The sale took place on June 2, 2022, with a selling price of $10,500,000, resulting in a price per square foot of $1,861.
Summary of Transaction Details
- Property Type: Single Family
- Transaction Amount: $10,500,000
Matt Bires acted as the buyer in this transaction, while Stephen Gans served as the seller. With this sale, Matt Bires acquired a stunning property situated in Miami Beach. The transaction was facilitated by 's REP from the respective agency, ensuring a smooth deal for both buyer and seller.
Players
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.9K per square foot on a published $10.5M for 5,642 square feet.
Browse Florida single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.51%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93