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3175 Prairie Avenue, Miami ...

Vanesa Carpignano & David Pullman Sell Miami Beach SFR For $6.55M
SOLDSingle Family Residence

Vanesa Carpignano & David Pullman Sell Miami Beach SFR For $6.55M

3175 Prairie Avenue, Miami Beach, FL 33140, USA

$6,550,000

$1,615/SF

Building Size

4,055 SF

Asset Type

Single Family Residence

Closing

Nov 17, 2021

AI

A single-family residential property located at 3175 Prairie Ave in Miami Beach was recently sold. The transaction, which took place on November 17, 2021, involved a sale price of $6,550,000. The property spans across 4,055 square feet, resulting in a price per square foot of $1,615.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $6,550,000
  • Address: 3175 Prairie Ave
  • Market: Miami Beach

The deal was facilitated by two brokers representing the respective parties. David Pullman from The Waterfront Team at ONE Sothebys represented the seller, while Vanesa Carpignano from Douglas Elliman represented the buyer.

Players

David Pullman

Sotheby's International Realty

Broker

$94.3M

vol

13 deals

Broker

Miami Beach 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

2.42%

Cash-on-Cash

-0.69%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93