Updated Dec 20, 2023
Douglas Shooker Acquires Single Family Property In Miami Beach, FL For $9.3M
125 Palm Ave, Miami Beach, Florida, USA
$9,297,763
$1,038/SF
Building Size
8,951 SF
Asset Type
Single Family Residence
Closing
Nov 7, 2021
About this deal
AI
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.
Players
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1K per square foot on a published $9.3M for 8,951 square feet (2021).
Browse Florida single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.71%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93