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4489 North Michigan Avenue,...

Ana Flavia Franco Sells Miami Beach SFR For $4.025M Via Mushka Jacobson - Douglas Elliman
SOLDSingle Family Residence

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

$4,025,000

$1,040/SF

Building Size

3,867 SF

Asset Type

Single Family Residence

Closing

Jan 31, 2022

AI

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.

Players

Mushka Jacobson

Douglas Elliman

Broker

$56.1M

vol

12 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

3.94%

Cash-on-Cash

-1.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93