Updated Oct 28, 2024
The Matheson Property Trust Acquires Miami Single Family For $30.5M
3550 Matheson Avenue, Miami, Florida 33133, United States
$30,500,000
$2,766/SF
Building Size
11,024 SF
Asset Type
Single Family Residence
Closing
Jun 14, 2021
About this deal
AI
The sale of a single-family property in Miami has recently closed, with an impressive sale price of $30,500,000. The property, located at 3550 Matheson Ave, boasts a spacious 11,024 square feet of living space. This translates to a price per square foot of $2,767, highlighting the value and desirability of the asset.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $30,500,000
- Address: 3550 Matheson Ave
- Market: Miami
The Matheson Property Trust, represented by Stuart Kapp, emerged as the buyer of this exquisite property. On the other side of the transaction, Mike Komaransky acted as the seller. Oren Alexander from Douglas Elliman provided representation for the buyer, while Judy Zeder from The Jills Zeder Group - Coldwell Banker served as the seller's representative.
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
0.52%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93