Alejandro Diaz Bazan Acquires SFR In Miami Beach For $3.8M
2021 North Bay Road, Miami Beach, Florida 33140, United States
$3,800,000
$1,172/SF
Building Size
3,240 SF
Asset Type
Single Family Residence
Closing
Mar 15, 2022
AI
Located at 2021 N Bay Rd, this single-family home in Miami Beach was recently sold in a closed transaction. The property spans an area of 3,240 square feet and was sold for a price of $3,800,000, resulting in a price per square foot of $1,173. The sale took place on 03/16/2022, with Julian Johnston and Alejandro Diaz Bazan capturing the property in an image shared on Instagram.
Summary of transation details
- Property Type: Single-Family Home
- Transaction Amount: $3,800,000
- Square Footage: 3,240
- Address: 2021 N Bay Rd
- Market: Miami Beach
Alejandro Diaz Bazan acted as both the buyer and one of the brokers in this deal. He was represented by the Jills Zeder Group - Coldwell Banker. Mathieu Ayotte, on the other hand, was the seller. Julian Johnston from The Corcoran Group also served as a broker in this transaction.
Players
Miami Beach 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
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93