The Jills Zeder Group Acquires SFR In Miami Beach For $25.5M
SOLD
$25,500,000
+ 2
Florida
See Similar DealsSingle Family Residence4,941 SF
Sold 06/16/2022
SOLD
The Jills Zeder Group Acquires SFR In Miami Beach For $25.5M
1740 West 25th Street, Miami Beach, Florida 33140, United States
See Similar DealsSingle Family Residence4,941 SF
Sold 06/16/2022
+ 2
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$5,160
Total Square Footage:4,941 SF
Transaction Type:Sale
A single-family residence located at 1740 W 25th St in Miami Beach has been sold for a price of $25,500,000. The property spans across 4,941 square feet and was sold at a rate of $5,161 per square foot. The transaction took place on June 16, 2022.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $25,500,000
- Address: 1740 W 25th St
- Market: Miami Beach
The seller of the property is Andres Isaias, represented by The Andian Group. On the other hand, the buyer's representatives in this deal are Jill Hertzberg and Jill Eber from The Jills Zeder Group - Coldwell Banker Realty. Danny Hertzberg and Alejandro Diaz Bazan from The Jills Zeder Group - Coldwell Banker Realty acted as the seller's representatives in the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,360,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$90,596.11
Cash-on-Cash Return-1.27%
Monthly Debt Service$120,883.01
Annual Debt Service$1,450,596.11
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