Paul Bensabat Acquires Biscayne Point SFR For $5.2M
1411 North Biscayne Point Road, Miami Beach, Florida 33141, United States
$5,200,000
$1,639/SF
Building Size
3,171 SF
Asset Type
Single Family Residence
Closing
Apr 10, 2022
AI
Located in Biscayne Point, the property at 1411 N Biscayne Point Drive recently underwent a sale transaction. The single-family home features a spacious interior with a total square footage of 3,171. The transaction took place on April 11, 2022.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $5,200,000
- Market: Biscayne Point
- Buyer: Paul Bensabat
- Seller: Victor J. Vaccaro
- Brokers: Joel Lusky & Zalmy Shapiro - SREG
Joel Lusky and Zalmy Shapiro from SREG facilitated the deal as the brokers involved. The transaction was completed at a price of $5,200,000, resulting in a price per square foot of $1,640. Both the buyer, Paul Bensabat, and the seller, Victor J. Vaccaro, successfully reached an agreement for the property.
Players
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
3.05%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93