Updated Dec 19, 2023
Melissa Breda & Julian Johnston Sell Miami Beach SFR For $3.16M
2211 North Bay Road, Miami Beach, Florida 33140, United States
$3,160,000
$1,117/SF
Building Size
2,827 SF
Asset Type
Single Family Residence
Closing
Jan 24, 2022
About this deal
AI
Located in Miami Beach, this single-family home at 2211 N Bay Rd has recently been sold. The transaction was facilitated by Melissa Breda from ONE Sotheby's International Realty and Julian Johnston from The Corcoran Group.
Summary of transaction details
- Property Type: SFR (Single-Family Residence)
- Transaction Amount: $3,160,000
- Square Footage: 2,827
- Price per Square Foot: $1,118
- Market: Miami Beach
This sale marks the highest price per square foot achieved in comparable sales in the area.
The single family residence sale at 2211 North Bay Road, Miami Beach, Florida 33140, United States in Miami Beach, Florida sold for $3.2M in 2022. The building is 2,827 square feet, implying about 1.1K per square foot on the published price. Melissa Breda, Julian Johnston, Sotheby's International Realty, The Corcoran Group appear on the sale alongside Sotheby's International Realty, The Corcoran Group. This page is the Miami Beach, Florida file for the 2211 North Bay Road, Miami Beach, Florida 33140, United States single family residence sold: pricing, party profiles, and other closed single family residence comps from the same Miami Beach sit in the Market section below. Filter that Miami Beach single family residence set by closing date to see what else sold near 2211 North Bay Road, Miami Beach, Florida 33140, United States around 2022. Published consideration for 2211 North Bay Road, Miami Beach, Florida 33140, United States is $3.2M, dated 2022. Cite this Melissa Breda & Julian Johnston Sell Miami Beach SFR For $3.16M sale when underwriting similar single family residence product around Miami Beach, Florida.
On the Map
$3,160,000
$1,117/SF
Single Family Residence
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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
5.02%
Cash-on-Cash
-1.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93