Dora Puig Acquires Miami Beach SFR For $13M With Seller's Rep Melissa Rubin And Pavel Gonzalez
SOLD
$13,000,000
Florida
See Similar DealsSingle Family Residence9,032 SF
Sold
SOLD
Dora Puig Acquires Miami Beach SFR For $13M With Seller's Rep Melissa Rubin And Pavel Gonzalez
1511 West 27th Street, Miami Beach, FL, USA
See Similar DealsSingle Family Residence9,032 SF
Sold
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1439
Total Square Footage:9032 SF
Transaction Type:Sale
Located in Miami Beach, the recently sold single-family residence at 1511 W. 27th Street has been purchased for a price of $13,000,000. Spanning across 9,032 square feet, the property was sold at an average price per square foot of $1,439. This transaction took place on December 1, 2020.
Summary of Transaction Details
- Property Type: SFR
- Transaction Amount: $13,000,000
Luxury real estate brokerage firm, Luxe Living Realty, represented the buyer, Dora Puig, throughout the transaction. On the other side, Compass Florida, LLC's Melissa Rubin and Pavel Gonzalez acted as the seller's representatives, facilitating the successful sale of the property. Their expertise and negotiation skills contributed to the completion of this deal in the Miami Beach market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$693,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$46,186.27
Cash-on-Cash Return-1.27%
Monthly Debt Service$61,626.63
Annual Debt Service$739,519.59
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