Updated Dec 20, 2023
Bart Reines Acquires SFR In Miami Beach For $6.8M
58 Lagorce Cir, Miami Beach, FL 33141, USA
$6,800,000
$93/SF
Building Size
73,130 SF
Asset Type
Single Family Residence
Closing
Sep 20, 2020
About this deal
AI
A single-family home located at 58 La Gorce Circle in Miami Beach has been sold for $6,800,000. The transaction took place on September 21, 2020. The property spans a total area of 7,313 square feet and was sold at a rate of $930 per square foot. The buyer of the property is Bart Reines, while the sellers are Jane Elizabeth Lehr and Ian Matthews.
Summary of transaction details:
- Property Type: Single-Family Residence (SFR)
- Transaction Amount: $6,800,000
- Property Size: 7,313 square feet
- Price per Square Foot: $930
- Address: 58 La Gorce Circle, Miami Beach
- Market: Miami Beach
Jill Eber from The Jills Zeder Group, which is affiliated with Coldwell Banker Realty, represented the seller in this transaction.
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $93 per square foot on a published $6.8M for 73,130 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.33%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93