Updated Nov 28, 2024
Winpol 2020 Trust Acquires SFR In Miami Beach For $7M
5242 North Bay Road, Miami Beach, FL, USA
$7,000,000
$845/SF
Building Size
8,279 SF
Asset Type
Single Family Residence
Closing
Mar 19, 2020
About this deal
AI
The property asset involved in the transaction is a Single Family Residence (SFR) located at 5242 North Bay Road in Miami Beach. The transaction took place on March 20, 2020. The property has a total area of 8,279 square feet and a price of $7,000,000, resulting in a price per square foot of $845.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $7,000,000
- Address: 5242 North Bay Road, Miami Beach
- Market: Miami Beach
The buyer of the property is Winpol 2020 trust, represented by Andrew Pollack. The seller is Glenna Norton, associated with Coldwell Banker. The transaction was facilitated by Cyril Matz from Douglas Elliman.
Players
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
Visit Cyril Matz to view all their deals.
Browse Florida single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93