Updated Dec 19, 2023
Reid Heidenry Acquires Single Family Property In Miami For $11.5M
1141 North Venetian Drive, Miami Beach, FL 33139, USA
$11,500,000
$3,315/SF
Building Size
3,469 SF
Asset Type
Single Family Residence
Closing
Mar 23, 2021
About this deal
AI
The single-family property located at 1141 N Venetian Drive in Miami has recently been sold for $11,500,000. This stunning property spans approximately 3,469 square feet and has a price per square foot of $3,315.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $11,500,000
The sale was facilitated by Reid Heidenry from One Sotheby's International Realty. Reid Heidenry, a representative from One Sotheby's International Realty, played a key role in ensuring a successful transaction.
The single family residence sale at 1141 North Venetian Drive, Miami Beach, FL 33139, USA in Miami Beach, Florida sold for $11.5M in 2021. The building is 3,469 square feet, implying about 3.3K per square foot on the published price. Reid Heidenry, Sotheby's International Realty appear on the sale alongside Sotheby's International Realty. This page is the Miami Beach, Florida file for the 1141 North Venetian Drive, Miami Beach, FL 33139, USA single family residence sold: pricing, party profiles, and other closed single family residence comps from the same Miami Beach sit in the Market section below. Filter that Miami Beach single family residence set by closing date to see what else sold near 1141 North Venetian Drive, Miami Beach, FL 33139, USA around 2021. Published consideration for 1141 North Venetian Drive, Miami Beach, FL 33139, USA is $11.5M, dated 2021. Cite this Reid Heidenry Acquires Single Family Property In Miami For $11.5M sale when underwriting similar single family residence product around Miami Beach, Florida.
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $3.3K per square foot on a published $11.5M for 3,469 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.38%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93