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6686 Roxbury Lane, Miami Be...

Joel & Lauren Abelson Acquire Miami Beach Single Family For $9.7M
SOLDSingle Family Residence

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

Jessica Goldman Srebnick

Broker

$24.1M

vol

4 deals

Broker
Jessica Goldman Srebnick

Jessica Goldman Srebnick

Goldman Properties

Seller

$24.1M

vol

4 deals

Seller

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