Alexander Sen Acquires Miami Beach SFR From Dan Coughlin In $2.4M Sale
1220 West 21st Street, Miami Beach, FL 33140
$2,400,000
$1,155/SF
Building Size
2,077 SF
Asset Type
Single Family Residence
Closing
Dec 23, 2021
AI
A single-family residential property located at 1220 W 21st St in Miami Beach has been sold in a recent transaction. The property spans 2,077 square feet and was sold for a price of $2,400,000, resulting in a price per square foot of $1,156. The sale took place on December 23, 2021, with the buyer being Alexander Sen and the seller being Dan Coughlin.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $2,400,000
- Address: 1220 W 21st St, Miami Beach
- Market: Miami Beach
Aubrey Jardine from One Sotheby's International Realty represented the buyer, Alexander Sen, in the transaction. Juan de Jongh, from Colfax Realty Group/Fluent Realty, served as the seller's representative, representing Dan Coughlin.
Players
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
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93