Dana Reiner Blumberg Sells Single-Family Home On North Bay Road In Miami Beach For $13.6M
SOLD
$13,600,000
Florida
See Similar DealsSingle Family Residence7,987 SF
Sold 07/01/2022
SOLD
Dana Reiner Blumberg Sells Single-Family Home On North Bay Road In Miami Beach For $13.6M
3026 North Bay Road, Miami Beach, Florida 33140, United States
See Similar DealsSingle Family Residence7,987 SF
Sold 07/01/2022
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,702
Total Square Footage:7,987 SF
Transaction Type:Sale
A single-family property located at 3026 North Bay Road in Miami Beach has been sold for a total of $13,600,000. The property spans across 6,401 square feet and has a price per square foot of $2,125. The sale took place on July 1, 2022.
Summary of transaction details:
- Property Type: Single-Family
- Transaction Amount: $13,600,000
- Address: 3026 North Bay Road, Miami Beach
- Market: Miami Beach
- Buyer: 3026 NBR LLC - Ilya Karpov
- Seller: Dana Reiner Blumberg
- Broker: Dina Goldentayer - Douglas Elliman
Dina Goldentayer from Douglas Elliman represented the buyer, 3026 NBR LLC - Ilya Karpov, in this transaction. The seller was Dana Reiner Blumberg.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$725,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$48,317.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$64,470.94
Annual Debt Service$773,651.26
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