William Zolezzi Acquires Single Family Home In Miami Beach For $10.3M With Alyssa Morgan
1221 West 48th Street
$10,300,000
$1,756/SF
Building Size
5,863 SF
Asset Type
Single Family Residence
Closing
Sep 10, 2024
AI
The property involved in the transaction is a single-family home located at 1221 West 48th Street, Miami Beach. The sale price was $10,300,000, with a total square footage of 5,863, resulting in a price per square foot of $1,756.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $10,300,000
- Address: 1221 West 48th Street
- Market: Miami Beach
- Square Footage: 5,863
- Price per Square Foot: $1,756
- Buyer: William Zolezzi
- Buyer's Representative: Alyssa Morgan - Intitle & Escrow - The Inside Network
- Seller's Representatives: Darin Tansey & Marc Brandt - Douglas Elliman
Key individuals in this transaction include William Zolezzi as the buyer, represented by Alyssa Morgan from Intitle & Escrow, part of The Inside Network. The seller's interests were represented by the team of Darin Tansey and Marc Brandt from Douglas Elliman, facilitating the deal’s completion.
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
1.54%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93