Updated Jan 17, 2025
Sarkis Anac Of Anac Global Realty Brokers $4M Sale Of Single Family Home In Miami Beach
731 86th Street
$4,000,000
$1,586/SF
Building Size
2,521 SF
Asset Type
Single Family Residence
Closing
Jan 15, 2025
About this deal
AI
A single family home located at 731 86th Street in Miami Beach was sold for $4,000,000. The property encompasses a total of 2,521 square feet, resulting in a price per square foot of $1,586.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $4,000,000
- Address: 731 86th Street
- Market: Miami Beach
- Square Footage: 2,521
- Price per Square Foot: $1,586
- Broker: Sarkis Anac - Anac Global Realty
Sarkis Anac served as the transaction broker for both the buyer and the seller in this off-market sale. This marks the third time that Anac Global Realty has facilitated a sale of this particular home.
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
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93