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
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.
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