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1431 stillwater drive

Ken Price & Scott Coff Sell Miami Beach SFR For $4.8M With Ryan Mendell And Morgan Blittner
SOLDSingle Family Residence

Ken Price & Scott Coff Sell Miami Beach SFR For $4.8M With Ryan Mendell And Morgan Blittner

$4,800,000

$1,842/SF

Building Size

2,605 SF

Asset Type

Single Family Residence

Closing

Jan 27, 2023

AI

This transaction involved a single-family residence (SFR) located in the Miami Beach market. The property was listed at an asking price of $4,995,000 and was ultimately sold for $4,800,000. It has a total square footage of 2,605, resulting in a price per square foot of $1,843.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $4,800,000
  • Asking Price: $4,995,000
  • Square Footage: 2,605
  • Price per Square Foot: $1,843
  • Seller: Ken Price & Scott Coff
  • Buyer’s Representative: Morgan Blittner - Brown Harris Stevens
  • Seller’s Representative: Ryan Mendell - Maxwelle Real Estate

Ken Price and Scott Coff were the sellers of the property, while Morgan Blittner from Brown Harris Stevens represented the buyer in the transaction. The seller was represented by Ryan Mendell from Maxwelle Real Estate.

Players

Ryan Mendell

Maxwelle Real Estate

Broker

$305.3M

vol

15 deals

Broker

Market 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

3.30%

Cash-on-Cash

-0.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93