Ariela Esquenazi Acquires SFR In Miami Beach For $12.5M
2111 Lake Avenue, Miami Beach, FL, USA
$12,500,000
$1,889/SF
Building Size
6,616 SF
Asset Type
Single Family Residence
Closing
Feb 25, 2021
AI
The property at 2111 Lake Avenue in Miami Beach has been sold for a price of $12,500,000. It is a single-family residential property with a total area of 6,616 square feet. The price per square foot comes to $1,889. The transaction took place on February 26, 2021, and the buyer was Ariela Esquenazi from Ariela & Associates International. The seller was 2111 Tranquility Base LLC. Cory Waldman from Coldwell Banker represented the buyer, while Julian Johnston from The Corcoran Group represented the seller.
Summary of Transaction Details
- Property Type: Single Family Residential (SFR)
- Transaction Amount: $12,500,000
- Address: 2111 Lake Avenue, Miami Beach
- Market: Miami Beach
Ariela Esquenazi, from Ariela & Associates International, successfully completed the purchase of the property. Cory Waldman, a representative of Coldwell Banker, provided assistance to the buyer throughout the transaction. Julian Johnston, from The Corcoran Group, represented the seller in this deal.
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
1.27%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93