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750 West 50th Street, Miami...

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
SOLDSingle Family Residence

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

Alejandro Diaz-Bazan

Coldwell Banker

Broker

$368.5M

vol

20 deals

Broker
T
TrustSeller

Miami Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

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