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
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