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Douglas Elliman Sells SFR On N. Venetian Way In Miami For $28.9M With Buyer's Rep Judith Zeder And Seller's Rep Bryan Sereny & Billy Hernandez

Property Image
SOLD
$28,935,000
Nathan Zeder
Camron Paul Garcia
Bryan Sereny
+ 2

Florida

See Similar Deals
Single Family Residence14,688 SF
Sold 12/10/2020
the dealplayerscompscontact
Property Image
SOLD

Douglas Elliman Sells SFR On N. Venetian Way In Miami For $28.9M With Buyer's Rep Judith Zeder And Seller's Rep Bryan Sereny & Billy Hernandez

1429 North Venetian Way, Miami Beach, FL, USA

See Similar Deals
Single Family Residence14,688 SF
Sold 12/10/2020
Nathan Zeder
Camron Paul Garcia
Bryan Sereny
+ 2
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,970
Total Square Footage:14,688 SF
Transaction Type:Sale

A single-family residential property located at 1429 N. Venetian Way in Miami was sold on 12/10/2020 for a price of $28,935,000. The property spans 14,688 square feet with a price per square foot of $1,970.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $28,935,000
  • Address: 1429 N. Venetian Way
  • Market: Miami

The buyer's representative in this transaction was Judith Zeder from Coldwell Banker Realty, while the seller was represented by Bryan Sereny and Billy Hernandez from Douglas Elliman.

Players

Judith "Judy" Zeder
Coldwell Banker
Judith Zeder
36 deals$755.1M volume
BROKER
Camron Paul Garcia
Coldwell Banker
Camron Paul Garcia
2 deals$37.6M volume
BROKER
Nathan Zeder
Coldwell Banker
Nathan Zeder
11 deals$249.9M volume
BROKER
Bryan Sereny
Douglas Elliman
Bryan Sereny
20 deals$247.7M volume
BROKER
Bill Hernandez
Douglas Elliman
Bill Hernandez
19 deals$241.8M volume
BROKER

Details

SOLD
IMAGE: Bryan Sereny, Judith Zeder, & Billy Hernandez DATE: 12/10/2020 ADDRESS: 1429 N. Venetian Way MARKET: Miami ASSET TYPE: SFR BUYER'S REP: Judith Zeder - Coldwell Banker Realty SELLER'S REP: Bryan Sereny & Billy Hernandez - Douglas Elliman PRICE: $28,935,000 SF: 14,688 ~ PPSF: $1,970

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,543,200.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$102,799.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$137,166.66
Annual Debt Service$1,645,999.94