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4459 Sheridan Ave

Daniel & Elana Jacoby Acquire Miami Beach SFR For $3.36M
SOLDSingle Family Residence

Daniel & Elana Jacoby Acquire Miami Beach SFR For $3.36M

4459 Sheridan Ave

$3,360,000

$331/SF

Building Size

10,125 SF

Asset Type

Single Family Residence

Closing

Sep 16, 2022

AI

4459 Sheridan Ave, a single-family home located in Miami Beach, was recently sold in a closed transaction. The property, with a total square footage of 10,125, was purchased by Daniel & Elana Jacoby from the sellers, Zdenko & Christine Bucan. The sale was facilitated by Tova Rosen from The Newman Group. The transaction took place on 09/16/2022, and the final sale price was $3,360,000, resulting in a price per square foot of $331.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $3,360,000
  • Market: Miami Beach
  • Buyer: Daniel & Elana Jacoby
  • Seller: Zdenko & Christine Bucan
  • Broker: Tova Rosen - The Newman Group

This successful transaction showcases the demand for single-family homes in Miami Beach. The buyers, Daniel & Elana Jacoby, recognized the value of the property and decided to make it their new home. On the other side of the deal, the sellers, Zdenko & Christine Bucan, were able to successfully sell their property for a profitable price. Tova Rosen, from The Newman Group, played a crucial role in facilitating the sale, ensuring a smooth transaction for both parties involved. Overall, this closed transaction signifies the vibrant real estate market in Miami Beach and the expertise of Tova Rosen and The Newman Group in brokering successful deals.

Players

Tova Rosen

Broker

$5.7M

vol

2 deals

Broker

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

4.72%

Cash-on-Cash

-1.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93