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6355 Lagorce Drive, Miami B...

Jordan Karp Acquires Miami Beach SFR From Janet Kinder & Ford Kinder For $3.15M
SOLDSingle Family Residence

Jordan Karp Acquires Miami Beach SFR From Janet Kinder & Ford Kinder For $3.15M

6355 Lagorce Drive, Miami Beach, Florida 33141, United States

$3,150,000

$1,318/SF

Building Size

2,389 SF

Asset Type

Single Family Residence

Closing

Apr 6, 2022

AI

The recently closed property transaction in Miami Beach involved the sale of a single-family residential property located at 6355 La Gorce Dr. The property, spanning over 2,389 square feet, was sold for a total price of $3,150,000, resulting in a price per square foot of $1,318. The transaction took place on 04/07/2022.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $3,150,000
  • Address: 6355 La Gorce Dr.
  • Market: Miami Beach

The buyer of the property was Jordan Karp, while the sellers were Janet Kinder and Ford Kinder. Assisting in the transaction were the brokers Albert Justo, David Pullman, and Miki Curkoski of The Waterfront Team, affiliated with One Sotheby's International Realty.

Albert Justo, David Pullman, and Miki Curkoski represented the sellers in this deal, ensuring a smooth transaction process. The Waterfront Team, as brokers for this transaction, played a pivotal role in facilitating the sale of the property between the parties involved.

Players

Albert Justo

Sotheby's International Realty

Broker

$309.3M

vol

18 deals

Broker

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

5.04%

Cash-on-Cash

-1.44%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93