Alejandro Diaz Bazan Acquires SFR In Miami Beach For $3.8M
SOLD
$3,800,000
Florida
See Similar DealsSingle Family Residence3,240 SF
Sold 03/16/2022
SOLD
Alejandro Diaz Bazan Acquires SFR In Miami Beach For $3.8M
2021 North Bay Road, Miami Beach, Florida 33140, United States
See Similar DealsSingle Family Residence3,240 SF
Sold 03/16/2022
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,172
Total Square Footage:3,240 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$202,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,500.59
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,013.94
Annual Debt Service$216,167.26
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