Danny Hertzberg Acquires SFR In Miami Beach For $6.62M
2181 North Bay Road, Miami Beach, Florida 33140, United States
$6,620,000
$1,555/SF
Building Size
4,257 SF
Asset Type
Single Family Residence
Closing
Jun 23, 2022
AI
A single-family residential property located at 2181 N Bay Rd in Miami Beach has been sold for a total price of $6,620,000. The property spans 4,257 square feet, resulting in a price per square foot of $1,555. The sale took place on June 24, 2022.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $6,620,000
- Date: 06/24/2022
- Address: 2181 N Bay Rd
- Market: Miami Beach
- Designer: Chill Casa Home
- Seller: Jonathan Ast
- Buyer's Representative: Danny Hertzberg - Coldwell Banker Realty
- Seller's Representative: Julian Cohen - Douglas Elliman
The deal was facilitated by Danny Hertzberg from Coldwell Banker Realty, who represented the buyer, and Julian Cohen from Douglas Elliman, who represented the seller. Chill Casa Home was the designer involved in this transaction. These key individuals and companies played crucial roles in the successful sale of this property.
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
2.40%
Cash-on-Cash
-0.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93