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
Miami Beach 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
7.46%
Cash-on-Cash
-2.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93