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.
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