Updated Dec 21, 2023
Gregory M Cogan Acquires Single Family Home In North Miami Beach For $23.75M
291 Ocean Boulevard, North Miami Beach, Florida 33160, United States
$23,750,000
$5,768/SF
Building Size
4,117 SF
Asset Type
Single Family Residence
Closing
Jun 12, 1922
About this deal
AI
The single-family property located at 291 Ocean Blvd in North Miami Beach, FL has been sold. The transaction took place on June 13, 2022. The property spans 4,117 square feet and sold at a price of $23,750,000, resulting in a price per square foot of $5,769. The buyer in this transaction was Gregory M Cogan, while Nan Bush & Bruce Weber acted as the sellers.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $23,750,000
- Address: 291 Ocean Blvd, North Miami Beach, FL
- Market: North Miami Beach, FL
- Buyer: Gregory M Cogan
- Seller: Nan Bush & Bruce Weber
- Square Footage: 4,117
- Price per Square Foot: $5,769
In this deal, Gregory M Cogan represented himself as the buyer's representative.
On the Map
$23,750,000
$5,768/SF
Single Family Residence
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.67%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93