Jeffrey Zalaznick's Major Food Group Acquires Single Family Home From Alicia & Mike Piazza In Miami Beach For $15M
1401 West 27th Street, Miami Beach, FL, USA
$15,000,000
$1,589/SF
Building Size
9,438 SF
Asset Type
Single Family Residence
Closing
Apr 14, 2021
AI
A single-family property located at 1401 West 27th Street in Miami Beach has been sold in a recent transaction. The property spans 9,438 square feet and was purchased for $15,000,000, resulting in a price per square foot of $1,589. The transaction took place on April 15, 2021, with the seller being Alicia and Mike Piazza. The buyer was Jeffrey Zalaznick, who represents Major Food Group. The deal was facilitated by brokers Jill Eber, Jill Hertzberg, and Danny Hertzberg of The Jills Zeder Group, which operates under Coldwell Banker.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $15,000,000
- Address: 1401 West 27th Street, Miami Beach
- Market: Miami Beach
- Buyer: Jeffrey Zalaznick - Major Food Group
- Seller: Alicia & Mike Piazza
- Brokers: Jill Eber, Jill Hertzberg & Danny Hertzberg - The Jills Zeder Group - Coldwell Banker
- Square Footage: 9,438
- Price per Square Foot: $1,589
Jeffrey Zalaznick, the buyer, is a representative of Major Food Group. The Jills Zeder Group, consisting of brokers Jill Eber, Jill Hertzberg, and Danny Hertzberg, played a crucial role in facilitating the transaction. The property's sale marks a significant transaction in the Miami Beach market, highlighting the demand for single-family homes in the area.
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
1.06%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93