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741 Buttonwood Lane, Miami,...

Meyer & Elle Leonard Acquire Miami SFR For $7.8M From Seller Lior Ben-Shmuel
SOLDSingle Family Residence

Meyer & Elle Leonard Acquire Miami SFR For $7.8M From Seller Lior Ben-Shmuel

741 Buttonwood Lane, Miami, FL, USA

$7,775,000

$1,140/SF

Building Size

6,819 SF

Asset Type

Single Family Residence

Closing

Dec 17, 2020

AI

The property involved in this transaction is a Single Family Residence (SFR) located at 741 Buttonwood Lane in Miami. The sale took place on December 18, 2020. The property spans 6,819 square feet and was sold for a price of $7,775,000, resulting in a price per square foot of $1,140. The buyers of the property are Meyer & Elle Leonard, while the seller is Lior Ben-Shmuel. The deal was facilitated by broker Tomi Rose from Douglas Elliman.

Summary of transaction details:

  • Property Type: Single Family Residence (SFR)
  • Transaction Amount: $7,775,000
  • Date: 12/18/2020
  • Address: 741 Buttonwood Lane
  • Market: Miami
  • Buyer: Meyer & Elle Leonard
  • Seller: Lior Ben-Shmuel
  • Broker: Tomi Rose - Douglas Elliman
  • Square Footage: 6,819
  • Price per Square Foot: $1,140

The key individuals and companies involved in this transaction are Meyer & Elle Leonard, who acted as the buyers, and Lior Ben-Shmuel, who was the seller of the property. The deal was facilitated by Tomi Rose from Douglas Elliman, who represented both parties in the transaction.

Players

Tomi Rose

Aston Rose

Broker

$47M

vol

7 deals

Broker

Elle Leonard

Buyer

$18.8M

vol

2 deals

Buyer

Miami 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

2.04%

Cash-on-Cash

-0.58%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93