facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Single Family Residence

/

Sale

/

1401 West 27th Street, Miam...

Jeffrey Zalaznick's Major Food Group Acquires Single Family Home From Alicia & Mike Piazza In Miami Beach For $15M
SOLDSingle Family Residence

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

Jill Eber

Coldwell Banker

Broker

$1.1B

vol

46 deals

Broker
MG
Major Food GroupBuyer

Miami Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

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