Leet House LLC Acquires Single Family Property On North Venetian Way In Miami Beach For $13.5M
1337 North Venetian Way, Miami Beach, FL, USA
$13,500,000
$2,045/SF
Building Size
6,601 SF
Asset Type
Single Family Residence
Closing
Apr 21, 2021
AI
A single-family property located at 1337 North Venetian Way in Miami Beach was recently sold for a price of $13,500,000. The property spans 6,601 square feet and has a price per square foot of $2,045. The transaction took place on April 22, 2021.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $13,500,000
- Address: 1337 North Venetian Way, Miami Beach
- Market: Miami Beach
- Buyer: Leet House LLC
- Seller: Kevin M. Flaherty - Morgan Stanley Wealth Management
- Buyer's Representative: Samuel Ruj - Beachfront Realty
- Seller's Representatives: Dina Goldentayer & Sam Gaita - Douglas Elliman
- Square Footage: 6,601
- Price per Square Foot: $2,045
The buyer, Leet House LLC, was represented by Samuel Ruj from Beachfront Realty, while the seller, Kevin M. Flaherty from Morgan Stanley Wealth Management, was represented by Dina Goldentayer and Sam Gaita from Douglas Elliman.
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
1.18%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93