Updated Sep 9, 2024
Sarkis Anac Acquires SFR In Miami Beach For $1.85M
4643 Prairie Avenue, Miami Beach, FL 33140, USA
$1,850,000
$749/SF
Building Size
2,470 SF
Asset Type
Single Family Residence
Closing
Nov 30, 2021
About this deal
AI
A single-family home located at 4643 Prairie Ave in Miami Beach has been sold. The property, with a total area of 2,470 square feet, was sold at a sale price of $1,850,000. The transaction was completed on 11/30/2021.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $1,850,000
- Address: 4643 Prairie Ave, Miami Beach
- Market: Miami Beach
The buyer's representative in this deal was Sarkis Anac from Anac Global Realty. Meanwhile, the seller's representative was Tyler Rinko from Keller Williams Miami Beach.
With a price per square foot of $749, this property offers a great investment opportunity in Miami Beach's real estate market.
Players
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $749 per square foot on a published $1.9M for 2,470 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.57%
Cash-on-Cash
-2.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93