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1210 Lenox Avenue, Miami Be...

Ben Moss Acquires SFR In Miami Beach For $2.75M
SOLDSingle Family Residence

Ben Moss Acquires SFR In Miami Beach For $2.75M

1210 Lenox Avenue, Miami Beach, FL, USA

$2,750,000

$785/SF

Building Size

3,500 SF

Asset Type

Single Family Residence

Closing

May 26, 2020

AI

Located at 1210 Lenox Avenue in Miami Beach, this single-family residential property was recently sold in a closed transaction. The property features a total area of 3,500 square feet and sits on a 7,500 square foot lot. The sale took place on 05/26/2021, with an asking price of $3,000,000. Ultimately, the property was sold for $2,750,000, resulting in a price per square foot of $786.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $2,750,000
  • Market: Miami Beach

In this transaction, Ben Moss represented the buyer, while Pietro Belmonte and Annie de la Rosa served as the seller's representatives. The deal was successfully closed under their guidance and expertise.

Players

Benjamin Moss

Compass

Broker

$114.6M

vol

10 deals

Broker

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

5.77%

Cash-on-Cash

-1.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93