Philip Scheinfeld & Jaime Blatt Acquire Single Family Home In Miami Beach For $2.3M
2203 North Bay Road, Miami Beach, FL, USA
$2,295,000
$869/SF
Building Size
2,640 SF
Asset Type
Single Family Residence
Closing
Apr 18, 2021
AI
A single-family property located at 2203 N Bay Road in Miami Beach has been sold. The property, with a total square footage of 2,640, was listed for an asking price of $2,475,000. The final sale price for the property was $2,295,000, resulting in a price per square foot of $869.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $2,295,000
- Address: 2203 N Bay Road, Miami Beach
- Market: Miami Beach
The buyer's representatives in the deal were Philip Scheinfeld from the PhilipscheinfeldTeam - Compass and Jaime Blatt from Compass. On the other hand, Lily Pertierra represented the seller in the transaction.
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
6.91%
Cash-on-Cash
-1.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93