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2021 North Bay Road, Miami ...

Alejandro Diaz Bazan Acquires SFR In Miami Beach For $3.8M
SOLDSingle Family Residence

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

Julian Johnston

The Corcoran Group

Broker

$777.3M

vol

55 deals

Broker

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