Updated Oct 29, 2024
Talia & Jonathan Oringer Acquire Miami Beach SFR From Petra & Stephen Levin For $42M
4358 North Bay Road, Miami Beach, FL, USA
$42,000,000
$2,114/SF
Building Size
19,861 SF
Asset Type
Single Family Residence
Closing
Oct 28, 2020
About this deal
AI
The property involved in this transaction is a Single Family Residential (SFR) located at 4358 North Bay Road in Miami Beach. The house spans 19,861 square feet, and it was sold for a price of $42,000,000, resulting in a price per square foot of $2,115.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $42,000,000
- Address: 4358 North Bay Road, Miami Beach
- Market: Miami Beach
The buyer in this transaction is Talia Oringer and Jonathan Oringer, who are represented by Shutterstock. The seller is Petra and Stephen Levin.
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
0.38%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93