Adam Rubin, Andrew Shanfeld, And Josh Flagg Acquires SFR On North Bay Road For $4.25M
4727 N Bay Rd Miami, FL 33140, USA
$4,250,000
$1,004/SF
Building Size
4,233 SF
Asset Type
Single Family Residence
Closing
Jul 7, 2023
AI
The property asset involved in this transaction is a single-family residence located at 4727 North Bay Road in the Miami Beach market. The sale price was $4,250,000, with a total size of 4,233 square feet, resulting in a price per square foot of $1,004.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $4,250,000
- Address: 4727 North Bay Road
- Market: Miami Beach
- Square Footage: 4,233
- Price Per Square Foot: $1,004
- Buyer: Adam Rubin, Andrew Shanfeld & Josh Flagg
- Seller: Robert T Greenberg
- Buyer's Representative: Jordan Karp - Jordan Karp LLC
- Seller's Representative: Dora Puig - Luxury Living Realty
This transaction was facilitated by key individuals including buyer representatives Jordan Karp from Jordan Karp LLC and seller representative Dora Puig from Luxury Living Realty. Their expertise contributed to the successful closure of the sale on July 7, 2023.
Players
Miami 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
3.73%
Cash-on-Cash
-1.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93