Updated Oct 28, 2024
Erez Maman's Cortex Beauty Acquires Miami Beach Single Family For $5.2M
3427 North Meridian Avenue, Miami Beach, FL, USA
$5,200,000
$1,013/SF
Building Size
5,132 SF
Asset Type
Single Family Residence
Closing
May 13, 2021
About this deal
AI
A single-family property located at 3427 North Meridian Avenue in Miami Beach has been sold in a recent transaction. The property spans approximately 5,132 square feet and was sold for a price of $5,200,000, resulting in a price per square foot of $1,013. The transaction took place on May 14, 2021.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $5,200,000
- Square Footage: 5,132
- Price per Square Foot: $1,013
- Address: 3427 North Meridian Avenue
- Market: Miami Beach
The buyer in this transaction is Erez Maman, representing Cortex Beauty. The seller of the property is Silvia Cadamuro and Graziano Sbroggio. The broker involved in the deal is Julian Johnston from The Corcoran Group.
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1K per square foot on a published $5.2M for 5,132 square feet (2021).
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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