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2140 South Miami Avenue, Mi...

David Salamon Acquires SFR In Miami's Market For $3.1M
SOLDSingle Family Residence

David Salamon Acquires SFR In Miami's Market For $3.1M

2140 South Miami Avenue, Miami, FL, USA

$3,100,000

$635/SF

Building Size

4,879 SF

Asset Type

Single Family Residence

Closing

Mar 3, 2021

AI

Located in Miami's market, the property at 2140 S Miami Ave was recently sold for a price of $3,100,000 on 03/04/2021. This single-family home spans across 4,879 square feet, resulting in a price per square foot of $635. The transaction was captured in an image shared on Instagram by Larry Shinbaum.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $3,100,000
  • Address: 2140 S Miami Ave
  • Market: Miami

David Salamon is the buyer of this property. The sale was facilitated by Larry Shinbaum from LuxuriFlorida and Sharon Beck. Their expertise and representation contributed to the successful completion of the deal.

Players

Larry Shinbaum

Luxuri International Realty

Broker

$57.5M

vol

10 deals

Broker

Miami Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.12%

Cash-on-Cash

-1.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93