Updated Jan 24, 2025
Reid Heidenry & Marko Gojanovic Of ONE Sotheby's International Realty Represent Buyer In $6.25M Miami Beach Sale
114 4th San Marino Terrace
$6,250,000
$1,736/SF
Building Size
3,600 SF
Asset Type
Single Family Residence
Closing
Jan 21, 2025
About this deal
AI
The property asset involved in the transaction is a single-family home located at 114 4th San Marino Terrace in the Miami Beach market. The sale price of the property was $6,250,000, and it encompasses a total square footage of 3,600. The price per square foot stands at $1,736.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $6,250,000
- Address: 114 4th San Marino Terrace
- Market: Miami Beach
- Square Footage: 3,600
- Price per Square Foot: $1,736
- Buyer's Representative: Reid Heidenry & Marko Gojanovic - ONE Sotheby's International Realty
- Seller's Representative: Mark Chatburn
The transaction was represented by Reid Heidenry and Marko Gojanovic from ONE Sotheby's International Realty on the buyer's side. Mark Chatburn served as the seller's representative, facilitating the deal between the involved parties.
On the Map
$6,250,000
$1,736/SF
Single Family Residence
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Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.54%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93