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5347 La Gorce Dr, Miami Bea...

Seth Kaplan Acquires SFR In Miami Beach For $2.125M
SOLDSingle Family Residence

Seth Kaplan Acquires SFR In Miami Beach For $2.125M

5347 La Gorce Dr, Miami Beach, FL, USA

$2,125,000

$1,031/SF

Building Size

2,060 SF

Asset Type

Single Family Residence

Closing

Jun 2, 2020

AI

On 06/02/2021, a single-family residence located at 5347 La Gorce Dr in Miami Beach was sold. The property, with a total area of 2,060 square feet, was recently acquired by Seth Kaplan. The transaction was facilitated by brokers Adam Redolfi from Barnes International Realty and Mariam Yusuf. The property was sold by Giuseppe Mascarella for a sale price of $2,125,000, which equates to a price per square foot of $1,032.

Summary of Transaction Details

  • Property Type: Single-Family Residence
  • Transaction Amount: $2,125,000
  • Address: 5347 La Gorce Dr, Miami Beach
  • Market: Miami Beach

Adam Redolfi, representing Barnes International Realty, and Mariam Yusuf played a crucial role as brokers in facilitating the sale of the property.

Players

Adam Redolfi

Alure Capital

Broker

$69.3M

vol

10 deals

Broker

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

7.46%

Cash-on-Cash

-2.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93