Updated Dec 21, 2023
Eric A Jacobs Acquires Miami Beach Single Family From Oswell D. Jernigan For $18.35M
1325 North Venetian Way
$18,350,000
$2,236/SF
Building Size
8,206 SF
Asset Type
Single Family Residence
Closing
Apr 29, 2021
About this deal
AI
The single-family property located at 1325 N Venetian Way in Miami Beach has been sold. The transaction took place on April 30, 2021.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $18,350,000
- Address: 1325 N Venetian Way, Miami Beach
- Market: Miami Beach
Eric A Jacobs purchased the property from Oswell D. Jernigan. The property spans 8,206 square feet, reflecting a price per square foot of $2,236.
The single family residence sale at 1325 North Venetian Way in Miami Beach, Florida sold for $18.4M in 2021. The building is 8,206 square feet, implying about 2.2K per square foot on the published price. This page is the Miami Beach, Florida file for the 1325 North Venetian Way single family residence sold: pricing, party profiles, and other closed single family residence comps from the same Miami Beach sit in the Market section below. Filter that Miami Beach single family residence set by closing date to see what else sold near 1325 North Venetian Way around 2021. Published consideration for 1325 North Venetian Way is $18.4M, dated 2021. Cite this Eric A Jacobs Acquires Miami Beach Single Family From Oswell D. Jernigan For $18.35M sale when underwriting similar single family residence product around Miami Beach, Florida.
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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
0.86%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93