Updated Dec 4, 2024
Stratwell Acquires SFR On Royal Palm Avenue In Miami Beach For $2.83M
4630 Royal Palm Avenue
$2,830,000
$845/SF
Building Size
3,347 SF
Asset Type
Single Family Residence
Closing
Sep 11, 2023
About this deal
AI
A single-family home located at 4630 Royal Palm Avenue in Miami Beach has been sold for a price of $2,830,000. The property spans a total area of 3,347 square feet, resulting in a price per square foot of $846.
Summary of transaction details
- Property Type: Single-Family Home
- Transaction Amount: $2,830,000
- Address: 4630 Royal Palm Avenue, Miami Beach
- Square Footage: 3,347
- Price per Square Foot: $846
The sale of this single-family home was facilitated by Isael Prieto and Eddie Blanco, brokers from Stratwell. They represented the interests of the parties involved in the transaction, ensuring a smooth and successful deal for both the buyer and the seller.
Players
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
Visit Isael Prieto to view all their deals.
Browse Miami Beach single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.61%
Cash-on-Cash
-1.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93