Peter Yared's InCountry Acquires SFR In Miami Beach For $5.2M
3329 Flamingo Drive, Miami Beach, FL, USA
$5,200,000
$1,135/SF
Building Size
4,579 SF
Asset Type
Single Family Residence
Closing
Feb 25, 2021
AI
A 4,579 square-foot single-family home located at 3329 Flamingo Drive in Miami Beach has been sold for $5,200,000. The property, represented by Jill Hertzberg of Coldwell Banker on behalf of buyer Peter Yared from InCountry, was sold by seller William R. Holloway and Jean-Louis Deniot. The sale took place on February 26, 2021.
Summary of transaction details:
- Property Type: Single-Family Home
- Transaction Amount: $5,200,000
- Square Footage: 4,579
- Price per Square Foot: $1,136
- Address: 3329 Flamingo Drive, Miami Beach
- Market: Miami Beach
Jill Hertzberg of Coldwell Banker represented the buyer, Peter Yared, while Nelson Gonzalez of Berkshire Hathaway HomeServices EWM Realty represented the seller, William R. Holloway and Jean-Louis Deniot, in this transaction.
Players
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
3.05%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93