Updated Sep 9, 2024
Oren & Tal Alexander Acquire SFR In Miami Beach For $10M
2135 Lake Avenue, Miami Beach, FL, USA
$10,000,000
$869/SF
Building Size
11,500 SF
Asset Type
Single Family Residence
Closing
Dec 29, 2020
About this deal
AI
Oren & Tal Alexander have purchased a single-family home located at 2135 Lake Avenue in Miami Beach. The property, with a total area of 11,500 square feet, was sold by Alan P. Rosefielde. The sale was facilitated by Oren Alexander from Douglas Elliman, acting as the broker representative for the buyers. The transaction closed on December 30, 2020, for a price of $10,000,000, resulting in a price per square foot of $870.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $10,000,000
- Address: 2135 Lake Avenue, Miami Beach
- Market: Miami Beach
- Buyer: Oren & Tal Alexander
- Seller: Alan P. Rosefielde
- Broker: Oren Alexander - Douglas Elliman
- Square Footage: 11,500
- Price per Square Foot: $870
The purchase of 2135 Lake Avenue in Miami Beach was made by Oren & Tal Alexander, represented by their broker Oren Alexander from Douglas Elliman. This transaction marks the successful acquisition of a substantial single-family home in a highly sought-after market.
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
1.59%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93