Douglas Shooker Acquires Single Family Property In Miami Beach, FL For $9.3M
SOLD
$9,297,763
Florida
See Similar DealsSingle Family Residence8,951 SF
Sold 11/08/2021
SOLD
Douglas Shooker Acquires Single Family Property In Miami Beach, FL For $9.3M
125 Palm Ave, Miami Beach, Florida, USA
See Similar DealsSingle Family Residence8,951 SF
Sold 11/08/2021
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,038
Total Square Footage:8,951 SF
Transaction Type:Sale
A single-family property located at 125 Palm Ave, Miami Beach, FL, was recently sold in a closed transaction. The property spans 8,951 square feet and was sold for a price of $9,297,763. The price per square foot for this transaction was $1,039.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $9,297,763
- Address: 125 Palm Ave, Miami Beach, FL
- Market: Miami Beach, FL
- Buyer: Douglas Shooker
- Seller: Arthur L Diskin
- Square Feet: 8,951
- Price Per Square Foot: $1,039
Douglas Shooker represented the buyer, while Arthur L Diskin represented the seller in this transaction.
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Single-Family Rental Investment Trends ReportQ3 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$495,880.69
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$33,032.99
Cash-on-Cash Return-1.27%
Monthly Debt Service$44,076.14
Annual Debt Service$528,913.68
Is there something missing? Send suggestions