Updated Sep 9, 2024
Greg Bennati Sells 5780 La Gorce Dr. Miami Beach Single Family For $4.8M
5780 La Gorce Dr, Miami Beach, FL, USA
$4,800,000
$1,175/SF
Building Size
4,084 SF
Asset Type
Single Family Residence
Closing
May 3, 2020
About this deal
AI
Oren Alexander, Greg Bennati, and Tal Alexander recently closed a single family property transaction in Miami Beach. The property, located at 5780 La Gorce Dr., was sold by Greg Bennati. The sale price for this 4,084 square foot home was $4,800,000, resulting in a price per square foot of $1,175.
Summary of transation details
- Property Type: Single Family
- Transaction Amount: $4,800,000
- Square Footage: 4,084
- Price per Square Foot: $1,175
- Address: 5780 La Gorce Dr., Miami Beach
- Seller: Greg Bennati
The deal was facilitated by brokers Tal Alexander and Oren Alexander of AlexanderTeam at DouglasElliman.
Players
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.2K per square foot on a published $4.8M for 4,084 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.30%
Cash-on-Cash
-0.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93