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1335 North Venetian Way, Mi...

9 Kings Capital LLC Acquires Single Family Property On North Venetian Way In Miami Beach For $6.05M From Seller Florinda Padrón And Brokers Felise Eber & Danny Hertzberg
SOLDSingle Family Residence

9 Kings Capital LLC Acquires Single Family Property On North Venetian Way In Miami Beach For $6.05M From Seller Florinda Padrón And Brokers Felise Eber & Danny Hertzberg

1335 North Venetian Way, Miami Beach, FL, USA

$6,050,000

$1,183/SF

Building Size

5,114 SF

Asset Type

Single Family Residence

Closing

Mar 23, 2021

AI

A single-family property located at 1335 North Venetian Way in Miami Beach has been sold for a price of $6,050,000. The property spans 5,114 square feet and has a price per square foot of $1,183.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $6,050,000
  • Address: 1335 North Venetian Way, Miami Beach
  • Market: Miami Beach

The buyer of the property is 9 Kings Capital LLC, while the seller is Florinda Padrón. The deal was facilitated by the brokers Felise Eber and Danny Hertzberg from The Jills Zeder Group at Coldwell Banker.

Note: No additional information was provided regarding the property or the individuals involved in the transaction.

Players

Daniel Hertzberg

Coldwell Banker

Broker

$1.7B

vol

67 deals

Broker
Kings Capital
Kings CapitalBuyer

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

2.62%

Cash-on-Cash

-0.75%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93