facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Single Family Residence

/

Sale

/

260 South Parkway

Michael Newman Sells Single Family Residence At 260 South Parkway North Miami Beach For $10.5M
SOLDSingle Family Residence

Michael Newman Sells Single Family Residence At 260 South Parkway North Miami Beach For $10.5M

260 South Parkway

$10,500,000

$1,714/SF

Building Size

6,123 SF

Asset Type

Single Family Residence

Closing

Sep 1, 2024

AI

This transaction involves a single-family residence located at 260 South Parkway in North Miami Beach. The property was sold for $10,500,000.00 and has a total square footage of 6,123.0.

Summary of transaction details:

Eli Eskenazi and Alan Eskenazi, both from Miles Goldstein Real Estate, represented the seller, Michael Newman, in this transaction. Their involvement facilitated the completion of the sale of the property.

Players

Alan Eskenazi

Miles Goldstein Real Estate

Broker

$246.8M

vol

39 deals

Broker

Michael Newman

Seller
Seller

North 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

1.51%

Cash-on-Cash

-0.43%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93