Updated Sep 9, 2024
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
About this deal
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.
On the Map
$7,775,000
$1,140/SF
Single Family Residence
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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