Updated Sep 9, 2024
Oren & Tal Alexander Acquire Single Family Home On N Venetian Way In Miami Beach
1325 North Venetian Way, Miami Beach, FL 33139
$18,350,000
$2,635/SF
Building Size
6,964 SF
Asset Type
Single Family Residence
Closing
Apr 29, 2021
About this deal
AI
Located at 1325 N Venetian Way in Miami Beach, this single-family property was recently sold on April 30, 2021. The transaction was facilitated by Julian Johnston from Corcoran, representing the seller, and Tal Alexander and Oren Alexander from Douglas Elliman, representing the buyer. The property boasts a total area of 6,964 square feet and was sold for a price of $18,350,000, resulting in a price per square foot of $2,635.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $18,350,000
- Date: 04/30/2021
- Address: 1325 N Venetian Way, Miami Beach
- Market: Miami Beach
Oren and Tal Alexander, part of the Alexander Team at Douglas Elliman, successfully represented the buyer in this transaction. Julian Johnston, affiliated with Corcoran, played a pivotal role as the seller's representative. This deal showcases the expertise and negotiating skills of these real estate professionals.
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
0.86%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93