Updated Dec 21, 2023
Jeri Jenkins & Marco Tine Sell SFR On La Gorce Drive To Buyer's Rep Darin Tansey For $4M
5709 La Gorce Dr, Miami Beach, FL 33140, USA
$4,000,000
$61/SF
Building Size
64,930 SF
Asset Type
Single Family Residence
Closing
Sep 3, 2020
About this deal
AI
The recently closed property transaction in Miami Beach involved a single-family residential property located at 5709 La Gorce Drive. This spacious property spans 6,493 square feet and was sold for a price of $4,000,000, resulting in a price per square foot of $616. The transaction took place on September 4, 2020.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $4,000,000
- Address: 5709 La Gorce Drive
- Market: Miami Beach
The seller of this property was represented by Jeri Jenkins and Marco Tine from Coldwell Banker Realty. On the buyer's side, the representative was Darin Tansey from Douglas Elliman.
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
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93