Marc Jacobowitz And Yerachmeal Jacobson Acquire Single Family Home In Miami Beach For $3,850,000
1411 N Biscayne Point Rd, Miami Beach, Florida, USA
$3,850,000
$1,214/SF
Building Size
3,171 SF
Asset Type
Single Family Residence
Closing
Nov 17, 2021
AI
The property asset involved in this transaction is a single-family home located at 1411 N Biscayne Point Rd, Miami Beach, FL. The sale price for the property was $3,850,000, and it encompasses a total of 3,171 square feet, which translates to a price per square foot of $1,214.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $3,850,000
- Address: 1411 N Biscayne Point Rd
- Market: Miami Beach, FL
- Square Footage: 3,171
- Price Per Square Foot: $1,214
- Buyer: Marc Jacobowitz and Yerachmeal Jacobson
- Seller: Victor J Vaccaro
Marc Jacobowitz and Yerachmeal Jacobson are the buyers of the property, while Victor J Vaccaro serves as the seller in this transaction. This exchange details the transfer of ownership among the involved parties, highlighting the specific roles they played in the real estate transaction.
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
4.12%
Cash-on-Cash
-1.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93