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4528 Prairie Ave, Miami Bea...

Daniel Deshe Acquires SFR On Prairie Avenue, Miami Beach For $6M
SOLDSingle Family Residence

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

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.

Players

Mathieu Massa

Seller

$51.5M

vol

3 deals

Seller

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

2.64%

Cash-on-Cash

-0.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93