Compass Acquires Single Family Home In Miami Beach For $5.3M
4225 Meridian Avenue, Miami Beach, FL, USA
$5,300,000
$1,148/SF
Building Size
4,614 SF
Asset Type
Single Family Residence
Closing
Mar 21, 2021
AI
A single-family property located at 4225 Meridian Ave in Miami Beach was recently sold for a total price of $5,300,000. The property spans across 4,614 square feet, yielding a price per square foot of $1,149. The sale took place on March 22, 2021.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $5,300,000
- Address: 4225 Meridian Ave, Miami Beach
- Market: Miami Beach
The seller of the property was Jose M. Garcia, while the buyer was represented by Mendel Fellig from Compass. Nelson Gonzalez from BHHS EWM Realty acted as the seller's representative in the transaction. The deal was facilitated by these key individuals and companies.
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
2.99%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93