Luxury Living Realty Sells SFR On Prairie Avenue In Miami Beach For $2.5M
SOLD
$2,500,000
Florida
See Similar DealsSingle Family Residence2,662 SF
Sold 05/25/2023
SOLD
Luxury Living Realty Sells SFR On Prairie Avenue In Miami Beach For $2.5M
3146 Prairie Ave Miami Beach, FL 33140, USA
See Similar DealsSingle Family Residence2,662 SF
Sold 05/25/2023
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$939
Total Square Footage:2,662 SF
Transaction Type:Sale
A single-family home located at 3146 Prairie Avenue in Miami Beach has been sold for $2,500,000. The property offers 2,662 square feet of living space, resulting in a price per square foot of $939. The sale was finalized on May 25, 2023.
Summary of transaction details:
- Property Type: Single-Family Home
- Transaction Amount: $2,500,000
- Address: 3146 Prairie Avenue, Miami Beach
- Market: Miami Beach
The buyer of the property was Mehmet Kocakerim, while Gloria Paris acted as the seller. The deal was facilitated by the following brokers: Erman Adanir from Disruptive Real Estate and Dora Puig from Luxury Living Realty.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$133,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,881.99
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,851.28
Annual Debt Service$142,215.31
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