Updated Sep 9, 2024
Richard Zaidner Sells Single Family Residence In Miami Beach For $4M
227 North Shore Drive
$4,000,000
$1,285/SF
Building Size
3,111 SF
Asset Type
Single Family Residence
Closing
Mar 27, 2023
About this deal
AI
A single-family residence located at 227 North Shore Drive in Miami Beach was recently sold for $4,000,000. The property spans 3,111 square feet, resulting in a price per square foot of $1,286.
Summary of transaction details:
- Property Type: Single Family Residence
- Transaction Amount: $4,000,000
- Address: 227 North Shore Drive, Miami Beach
- Market: Miami Beach
- Seller: Richard Zaidner
- Brokers: Mariana Garber - Coldwell Banker, Michael Menghini - Julies Realty, LLC
- Square Footage: 3,111
- Price Per Square Foot: $1,286
The sale of this property was facilitated by brokers Mariana Garber of Coldwell Banker and Michael Menghini of Julies Realty, LLC.
On the Map
$4,000,000
$1,285/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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Deal FAQ
About $1.3K per square foot on a published $4M for 3,111 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93