Aubrey Jardine & Danny Hertzberg Brokered a Single Family Residence In Miami Beach For $1.9M
SOLD
$1,905,000
Florida
See Similar DealsSingle Family Residence2,187 SF
Sold 06/14/2021
SOLD
Aubrey Jardine & Danny Hertzberg Brokered a Single Family Residence In Miami Beach For $1.9M
616 W 51st St, Hialeah, Miami-Dade, FL, USA
See Similar DealsSingle Family Residence2,187 SF
Sold 06/14/2021
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$871
Total Square Footage:2,187 SF
Transaction Type:Sale
This single-family residence is located at 616 W 51st St in Miami Beach. The property was sold for $1,905,000, with a total square footage of 2,187 and a price per square foot of $871.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $1,905,000
- Address: 616 W 51st St
- Market: Miami Beach
- Square Footage: 2,187
- Price Per Square Foot: $871
- Seller: Luis Lopez
- Buyer's Representative: Aubrey Jardine - ONE Sotheby's International Realty
- Seller's Representative: Danny Hertzberg - Coldwell Banker Realty
The transaction was facilitated by Aubrey Jardine representing the buyer and Danny Hertzberg representing the seller, ensuring a smooth process for the involved parties in the real estate market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$101,599.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,768.07
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,030.67
Annual Debt Service$108,368.06
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