Philippe Chemla Acquires Miami Beach SFR For $1.85M
SOLD
Florida
See Similar DealsSingle Family Residence2,983 SF
Sold 10/14/2021
SOLD
Philippe Chemla Acquires Miami Beach SFR For $1.85M
1215 Daytonia Rd, Miami Beach, FL, USA
See Similar DealsSingle Family Residence2,983 SF
Sold 10/14/2021
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$620
Total Square Footage:2,983 SF
Transaction Type:Sale
Located at 1215 Daytonia Rd in Miami Beach, this single-family home (SFR) was recently sold on October 14, 2021. The property, spanning 2,983 square feet, boasts a sale price of $1,850,000, resulting in a price per square foot (PPSF) of $620.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $1,850,000
- Address: 1215 Daytonia Rd, Miami Beach
- Market: Miami Beach
Philippe Chemla successfully acquired the property from Sylvia Kovac. The transaction was facilitated by the brokers Brigitte Lina and Yohan Chemla of One Sotheby's International Realty.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$98,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,572.67
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,769.94
Annual Debt Service$105,239.33
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