Luxury Living Realty Sells SFR On Prairie Avenue In Miami Beach For $2.5M
3146 Prairie Ave Miami Beach, FL 33140, USA
$2,500,000
$939/SF
Building Size
2,662 SF
Asset Type
Single Family Residence
Closing
May 25, 2023
AI
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
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93