Updated Dec 21, 2023
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
About this deal
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.
On the Map
$3,100,000
$635/SF
Single Family Residence
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Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $635 per square foot on a published $3.1M for 4,879 square feet (2021).
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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