Tal Banay Buys Single Family Home At 5225 La Gorce Drive Miami Beach For $4.15M
5225 La Gorce Drive
$4,150,000
$1,428/SF
Building Size
2,906 SF
Asset Type
Single Family Residence
Closing
Oct 30, 2024
AI
The property asset involved in this transaction is located at 5225 La Gorce Drive, Miami Beach. This single-family home was sold for a transaction price of $4,150,000, encompassing a total square footage of 2,906. The price per square foot for this property is $1,428.
Summary of transation details:
- Property Type: Single Family
- Transaction Amount: $4,150,000
- Address: 5225 La Gorce Drive
- Market: Miami Beach
- Square Footage: 2,906
- Price per Square Foot: $1,428
- Buyer: Tal Banay
- Seller: Todd Magazine
- Buyer's Representative: Alona Yona - Beachfront Realty
- Seller's Representative: Iliana Abella - Compass
This transaction involved Alona Yona representing the buyer, Tal Banay, while Iliana Abella represented the seller, Todd Magazine. Both representatives are affiliated with reputable real estate agencies, Beachfront Realty for the buyer's side and Compass for the seller's side.
Players
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.82%
Cash-on-Cash
-1.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93