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4560 Sheridan Avenue

Julie Dwyer Acquires SFR In Miami Beach From Steve & Lisa Cerrato
SOLDSingle Family Residence

Julie Dwyer Acquires SFR In Miami Beach From Steve & Lisa Cerrato

4560 Sheridan Avenue

$7,200,000

Building Size

Asset Type

Single Family Residence

Closing

Jul 21, 2022

AI

A single-family home located at 4560 Sheridan Ave in Miami Beach has been sold in a recent transaction. The property spans 3,786 square feet and was sold for a total price of $7,200,000, resulting in a price per square foot of $1,902. The transaction took place on July 21, 2022.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $7,200,000
  • Market: Miami Beach
  • Address: 4560 Sheridan Ave

The buyer of the property is Julie Dwyer, while the sellers are Steve and Lisa Cerrato. The sale was facilitated by brokers Pier Paolo Visconti and Claudia Llanes from The Visconti Team at Douglas Elliman Real Estate. Notably, the property was sold at a price $401,000 above the original asking price, and the transaction was completed within just 48 hours.

Players

Pier Paolo Visconti

Douglas Elliman

Broker

$195.7M

vol

10 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

2.20%

Cash-on-Cash

-0.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93