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
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