Jason Haim Trust Sells Miami Beach SFR For $6.15M With Brokers Alejandro Diaz Bazan & Cyndi Henriksen - Coldwell Banker Realty & Berkshire Hathaway HomeServices EWM Realty
750 West 50th Street, Miami Beach, Florida 33140, United States
$6,150,000
$1,284/SF
Building Size
4,788 SF
Asset Type
Single Family Residence
Closing
Apr 19, 2022
AI
A single-family residence located at 750 W 50th St in Miami Beach was recently sold in a closed transaction. The property, measuring 4,788 square feet, was sold for $6,150,000 at a price per square foot of $1,284. The sale took place on 04/20/2022.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $6,150,000
- Address: 750 W 50th St
- Market: Miami Beach
The seller of the property was the Jason Haim Trust. The deal was facilitated by Alejandro Diaz Bazan from Coldwell Banker Realty and Cyndi Henriksen from Berkshire Hathaway HomeServices EWM Realty.
It is worthy to note that the property was previously listed for sale at an asking price of $6,250,000. However, it was eventually sold for $6,150,000, slightly lower than the initial asking price.
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
2.58%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93