Daniel Morel Sells Single Family Home At 2830 Lucerne Avenue Miami Beach For $7.765M
SOLD
Florida
See Similar DealsSingle Family Residence3,857 SF
Sold 01/12/2026
SOLD
Daniel Morel Sells Single Family Home At 2830 Lucerne Avenue Miami Beach For $7.765M
2830 Lucerne Avenue
See Similar DealsSingle Family Residence3,857 SF
Sold 01/12/2026
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$2,013
Total Square Footage:3,857 SF
Transaction Type:Sale
The property asset involved in this transaction is a single-family home located at 2830 Lucerne Avenue, Miami Beach. It features a total square footage of 3,857 and was sold for a sale price of $7,765,000, which translates to a price per square foot of $2,013.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $7,765,000
- Square Footage: 3,857
- Price per Square Foot: $2,013
- Address: 2830 Lucerne Avenue
- Market: Miami Beach
- Seller: Daniel Morel
- Seller's Representative: Nancy Batchelor & Carolyn Batchelor - Compass
The deal was facilitated by Nancy Batchelor and Carolyn Batchelor, representatives from Compass, who represented the seller, Daniel Morel, in this transaction.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$414,133.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$27,587.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$36,810.06
Annual Debt Service$441,720.74
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