facebook
Traded Co logo
Submit

9 Kings Capital Sells SFR On Venetian Islands, Miami Beach For $11.5M

Property Image
SOLD
$11,500,000
Ron Laviv
Fabio Lopes

Florida

See Similar Deals
Single Family Residence5,114 SF
Sold 12/23/2021
the dealplayerscompscontact
Property Image
SOLD

9 Kings Capital Sells SFR On Venetian Islands, Miami Beach For $11.5M

1335 North Venetian Way, Miami Beach, FL 33139

See Similar Deals
Single Family Residence5,114 SF
Sold 12/23/2021
Ron Laviv
Fabio Lopes
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$2,248
Total Square Footage:5,114 SF
Transaction Type:Sale

An SFR located at 1335 North Venetian Way in the Venetian Islands, Miami Beach, was recently sold for $11,500,000. The property spans across 5,114 square feet, resulting in a price per square foot of $2,249.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $11,500,000
  • Date: 12/23/2021
  • Market: Venetian Islands, Miami Beach

The seller, 9 Kings Capital, represented by J. Christopher Burch, closed the deal with the buyer. Ron Laviv from ONE Sotheby's International Realty acted as the buyer's representative, while Fabio Lopes from Coldwell Banker Realty represented the seller.

Players

Ron Laviv
Sotheby's International Realty
Ron Laviv
1 deal$11.5M volume
BROKER
Fabio Lopes
Coldwell Banker
Fabio Lopes
6 deals$26.4M volume
BROKER
Kings Capital
Kings Capital
SELLER

Details

SOLD
IMAGE: Ron Laviv & Fabio Lopes DATE: 12/23/2021 ADDRESS: 1335 North Venetian Way MARKET: Venetian Islands, Miami Beach ASSET TYPE: SFR SELLER: 9 Kings Capital - J. Christopher Burch BUYER'S REP: Ron Laviv (@RonLavivLux) - ONE Sotheby's International Realty (@Onesir) SELLER'S REP: Fabio Lopes (@FabioLopes) - Coldwell Banker Realty SALE PRICE: $11,500,000 SF: 5,114 ~ PPSF: $2,249

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

Contact

Get in touch with the broker you want

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
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$613,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$40,857.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$54,515.87
Annual Debt Service$654,190.40