Updated Dec 19, 2023
Daniel Deshe Acquires SFR On Prairie Avenue, Miami Beach For $6M
4528 Prairie Ave, Miami Beach, FL 33140, USA
$6,000,000
$87/SF
Building Size
68,500 SF
Asset Type
Single Family Residence
Closing
Aug 18, 2020
About this deal
AI
The property asset involved in this transaction is a Single Family Residence (SFR) located at 4528 Prairie Avenue in Miami Beach. The property spans 6,850 square feet and was sold for a price of $6,000,000, resulting in a price per square foot of $876.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $6,000,000
- Square Footage: 6,850
- Price per Square Foot: $876
- Address: 4528 Prairie Avenue, Miami Beach
- Market: Miami Beach
The seller of the property is Mathieu Massa, while the buyer is Daniel Deshe. Representing the seller in this transaction is Julian Johnston from The Corcoran Group. On the buyer's side, Reid Heidenry from One Sotheby's International Realty acted as the buyer's representative.
On the Map
$6,000,000
$87/SF
Single Family Residence
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Players
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $87 per square foot on a published $6M for 68,500 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93