Robert Coward & Bradley Jones Acquire SFR In Miami Beach For $4.9M
2535 Shelter Avenue, Miami Beach, FL, USA
$4,900,000
$907/SF
Building Size
5,400 SF
Asset Type
Single Family Residence
Closing
Mar 15, 2020
AI
A single-family residence located at 2535 Shelter Avenue in Miami Beach has been sold for a price of $4,900,000. The property spans 5,400 square feet and has a price per square foot of $900.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $4,900,000
- Property Address: 2535 Shelter Avenue, Miami Beach
- Market: Miami Beach
The buyer of the property is Robert Coward and Bradley Jones. The seller of the property is Carl Icahn, represented by MB 2103 LLC. Anna Sherrill from One Sotheby's International Realty acted as the buyer's representative, while Nickel Goeseke from Cervera Real Estate represented the seller.
Players
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.24%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93