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
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.
Players
Market 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
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93