Shlomi Ben Shmuel Acquires SFR On Allison Rd, Miami Beach For $14.5M With Broker Joel Lusky
SOLD
$14,500,000
Florida
See Similar DealsSingle Family Residence9,615 SF
Sold 07/07/2020
SOLD
Shlomi Ben Shmuel Acquires SFR On Allison Rd, Miami Beach For $14.5M With Broker Joel Lusky
6640 Allison Road, Miami Beach, FL 33141, USA
See Similar DealsSingle Family Residence9,615 SF
Sold 07/07/2020
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,508
Total Square Footage:9,615 SF
Transaction Type:Sale
The single-family residence located at 6640 Allison Rd in Miami Beach has been sold for a price of $14,500,000. The property has a total area of 9,615 square feet, resulting in a price per square foot of $1,508.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $14,500,000
- Address: 6640 Allison Rd, Miami Beach
- Market: Miami Beach
Shlomi Ben Shmuel has acquired the property from Bruce Fish. The transaction was facilitated by the broker Joel Lusky.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$773,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$51,515.45
Cash-on-Cash Return-1.27%
Monthly Debt Service$68,737.40
Annual Debt Service$824,848.77
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