Dan Hechtkopf & Cassio Galiza Purchase SFR On N Bay Rd In Miami Beach For $4.43M
5701 N Bay Rd, Miami Beach, FL, USA
$4,430,000
$1,242/SF
Building Size
3,565 SF
Asset Type
Single Family Residence
Closing
Aug 10, 2021
AI
An SFR located at 5701 N Bay Rd in Miami Beach was recently sold for $4,430,000. The property spans 3,565 square feet, resulting in a price per square foot of $1,243. The sale took place on August 10, 2021.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $4,430,000
- Address: 5701 N Bay Rd
- Market: Miami Beach
- Square Footage: 3,565
- Price per Square Foot: $1,243
Dan Hechtkopf from Douglas Elliman represented the buyer, while Cassio Galiza acted as the seller's representative for this transaction.
Players
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
3.58%
Cash-on-Cash
-1.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93