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4501 Royal Palm Avenue, Mia...

Adam Cohen Acquires Miami Beach SFR For $2.2M From Laura Pozvolska
SOLDSingle Family Residence

Adam Cohen Acquires Miami Beach SFR For $2.2M From Laura Pozvolska

4501 Royal Palm Avenue, Miami Beach, Florida 33140, United States

$2,200,000

$880/SF

Building Size

2,498 SF

Asset Type

Single Family Residence

Closing

Jan 12, 2022

AI

A single-family home located at 4501 Royal Palm Ave in Miami Beach has been sold for a price of $2,200,000. The property spans 2,498 square feet, resulting in a price per square foot of $881. The sale took place on January 13, 2022.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $2,200,000
  • Market: Miami Beach
  • Buyer: Adam Cohen
  • Seller: Laura Pozvolska
  • Broker: Mushka Jacobson - Douglas Elliman

The buyer of the property was Adam Cohen, while Laura Pozvolska acted as the seller. Mushka Jacobson from Douglas Elliman represented both parties as the broker in the transaction.

Players

Mushka Jacobson

Douglas Elliman

Broker

$56.1M

vol

12 deals

Broker
Adam Cohen

Adam Cohen

Buyer

$82.5M

vol

5 deals

Buyer

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

7.21%

Cash-on-Cash

-2.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93