Updated Dec 19, 2023
Christian Paciello Acquires SFR On Miami Beach For $3.8M
5645 North Bay Road, Miami Beach, FL, USA
$3,800,000
$741/SF
Building Size
5,128 SF
Asset Type
Single Family Residence
Closing
Dec 14, 2020
About this deal
AI
The single-family home located at 5645 North Bay Road in Miami Beach has been sold in a recent transaction. The property, spanning 5,128 square feet, was sold for a price of $3,800,000, resulting in a price per square foot of $741. The sale took place on 12/15/2020.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $3,800,000
- Address: 5645 North Bay Road, Miami Beach
- Market: Miami Beach
The buyer in this transaction was Christian Paciello, while the seller was Zak Amin. Representing the buyer was Kevin Crego from Compass, and Laura Cresto and Billy Hernandez from Douglas Elliman represented the seller.
On the Map
$3,800,000
$741/SF
Single Family Residence
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Players
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $741 per square foot on a published $3.8M for 5,128 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93