Ana Flavia Franco Sells Miami Beach SFR For $4.025M Via Mushka Jacobson - Douglas Elliman
SOLD
$4,025,000
Florida
See Similar DealsSingle Family Residence3,867 SF
Sold 02/01/2022
SOLD
Ana Flavia Franco Sells Miami Beach SFR For $4.025M Via Mushka Jacobson - Douglas Elliman
4489 North Michigan Avenue, Miami Beach, Florida 33140, United States
See Similar DealsSingle Family Residence3,867 SF
Sold 02/01/2022
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,040
Total Square Footage:3,867 SF
Transaction Type:Sale
A single-family residence located at 4489 N Michigan Avenue in Miami Beach was recently sold for $4,025,000. The property, with a total area of 3,867 square feet, boasts a price per square foot of $1,041. The sale took place on February 1, 2022, and the transaction involved a seller named Ana Flavia Franco.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $4,025,000
- Address: 4489 N Michigan Avenue
- Market: Miami Beach
- Asset Type: SFR
The seller of the property was Ana Flavia Franco. The deal was facilitated by broker Mushka Jacobson from Douglas Elliman. Mushka Jacobson represented the seller in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$214,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,299.97
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,080.55
Annual Debt Service$228,966.64
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