John & Ellen Micenko Acquire SFR In Miami Beach For $3M
5657 La Gorce Dr Miami Beach, FL 33140, USA
$3,000,000
$1,039/SF
Building Size
2,885 SF
Asset Type
Single Family Residence
Closing
May 31, 2023
AI
Located at 5657 La Gorce Drive in Miami Beach, this single-family home was recently sold in a private transaction. The property spans a total of 2,885 square feet. The sale price for this home was $3,000,000, resulting in a price per square foot of $1,040.
Summary of transaction details
- Property Type: Single-Family Home
- Transaction Amount: $3,000,000
- Address: 5657 La Gorce Drive, Miami Beach
- Market: Miami Beach
John and Ellen Micenko acquired this property from Sophie and Jeffrey Marquart. Represented by Chris Dowda and Michael Hoffman from eXp Realty, LLC, the buyers successfully closed the deal. On the other side, Sophie and Jeffrey Marquart were represented by David Sporn and Eva Oliver from Coldwell Banker Realty.
Players
Miami 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
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93