Joel & Lauren Abelson Acquire Miami Beach Single Family For $9.7M
6686 Roxbury Lane, Miami Beach, FL, USA
$9,700,000
$1,303/SF
Building Size
7,442 SF
Asset Type
Single Family Residence
Closing
May 10, 2021
AI
The single-family property located at 6686 Roxbury Lane in Miami Beach has been sold in a recent transaction. The property spans an area of 7,442 square feet and was sold for a total price of $9,700,000, resulting in a price per square foot of $1,303. The transaction took place on May 11, 2021.
Summary of transation details
- Property Type: Single Family
- Transaction Amount: $9,700,000
- Address: 6686 Roxbury Lane
- Market: Miami Beach
In this deal, the buyers are Joel and Lauren Abelson, while the sellers are Scott Srebnick and Jessica Goldman Srebnick of The Goldman Properties. The transaction was facilitated by broker Cyril Matz of Douglas Elliman.
Players
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
1.64%
Cash-on-Cash
-0.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93