Updated Dec 19, 2023
Miami Beach SFR Sold For $2.3M By Adina Bistritzky - Eden Properties
257 West Way, Miami, FL, USA
$2,300,000
$220/SF
Building Size
10,454 SF
Asset Type
Single Family Residence
Closing
Oct 6, 2021
About this deal
AI
Located in the vibrant market of Miami Beach, this single-family residence at 257 West has been successfully sold. With a sale price of $2,300,000, this property offers a total square footage of 10,454. The price per square foot comes to a reasonable $220, making it an enticing investment opportunity in the area.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $2,300,000
- Address: 257 West
- Market: Miami Beach
Facilitating this successful transaction was the expertise of Adina Bistritzky from Eden Properties. Serving as the broker representative in this deal, Adina Bistritzky played a pivotal role in ensuring a smooth and efficient process for both the buyer and the seller.
Players
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $220 per square foot on a published $2.3M for 10,454 square feet (2021).
Browse Florida single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93