Shalini Radha Acquires Miami Beach SFR For $20.5M
1365 North View Drive, Miami Beach, Florida 33140, United States
$20,500,000
$3,362/SF
Building Size
6,096 SF
Asset Type
Single Family Residence
Closing
May 15, 2022
AI
A single-family residence located at 1365 N View Dr in Miami Beach has been sold in a recent transaction. The property was sold for a sale price of $20,500,000, slightly lower than the initial asking price of $21,500,000. With a total area of 6,096 square feet, the property has a price per square foot of $3,363.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $20,500,000
- Address: 1365 N View Dr, Miami Beach
- Market: Miami Beach
The buyer of the property is Shalini Radha who acquired the residence through the assistance of the brokers Alejandro Diaz Bazan, Jill Hertzberg, and Jill Eber from The Jill Zeder Group at Coldwell Banker.
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
0.77%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93