Updated Oct 28, 2024
Los Suenos Trust Acquires Single Family Property On N Venetian Way In Miami Beach For $15.55M
1379 North Venetian Way, Miami Beach, Florida 33139, United States
$15,550,000
$3,145/SF
Building Size
4,943 SF
Asset Type
Single Family Residence
Closing
Apr 3, 2022
About this deal
AI
The single-family property located at 1379 N Venetian Way in Miami Beach, FL has been sold for $15,550,000. The property spans 5,565 square feet, resulting in a price per square foot of $2,794.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $15,550,000
- Address: 1379 N Venetian Way, Miami Beach, FL
- Market: Miami Beach, FL
The buyer of the property is Los Suenos Trust, while the sellers are Scott Dutcher and Ralph L Sacco.
The single family residence sale at 1379 North Venetian Way, Miami Beach, Florida 33139, United States in Miami Beach, Florida sold for $15.6M in 2022. The building is 4,943 square feet, implying about 3.1K per square foot on the published price. Shawn Frechette, Sotheby's International Realty appear on the sale alongside Sotheby's International Realty. This page is the Miami Beach, Florida file for the 1379 North Venetian Way, Miami Beach, Florida 33139, United States single family residence sold: pricing, party profiles, and other closed single family residence comps from the same Miami Beach sit in the Market section below. Filter that Miami Beach single family residence set by closing date to see what else sold near 1379 North Venetian Way, Miami Beach, Florida 33139, United States around 2022. Published consideration for 1379 North Venetian Way, Miami Beach, Florida 33139, United States is $15.6M, dated 2022. Cite this Los Suenos Trust Acquires Single Family Property On N Venetian Way In Miami Beach For $15.55M sale when underwriting similar single family residence product around Miami Beach, Florida.
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
1.02%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93