Andre Branch Sells Miami Beach SFR For $6.25M With Buyer's Rep Mikael Hamaoui & Seller's Rep Julian Cohen - The Jills Zeder Group With Coldwell Banker
SOLD
$6,250,000
Florida
See Similar DealsSingle Family Residence4,626 SF
Sold 09/08/2021
SOLD
Andre Branch Sells Miami Beach SFR For $6.25M With Buyer's Rep Mikael Hamaoui & Seller's Rep Julian Cohen - The Jills Zeder Group With Coldwell Banker
4535 Nautilus Ct, Miami Beach, FL, USA
See Similar DealsSingle Family Residence4,626 SF
Sold 09/08/2021
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,351
Total Square Footage:4,626 SF
Transaction Type:Sale
Located in Miami Beach, the single-family residence at 4535 Nautilus Ct recently changed hands in a sale transaction. The property was sold in August 2021 for a total price of $6,250,000. The sale involved Andre Branch as the seller.
Summary of transaction details
- Property Type: Single-Family Residence
- Transaction Amount: $6,250,000
- Address: 4535 Nautilus Ct
- Market: Miami Beach
Mikael Hamaoui acted as the buyer's representative in this sale, while Julian Cohen, from The Jills Zeder Group with Coldwell Banker, served as the seller's representative.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$333,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$22,204.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$29,628.19
Annual Debt Service$355,538.26
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