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
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