Updated Dec 21, 2023
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
About this deal
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.
On the Map
$3,150,000
$1,318/SF
Single Family Residence
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Players
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.3K per square foot on a published $3.2M for 2,389 square feet (2022).
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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