Henry Kohn Sells Single Family Home At 7740 Atlantic Way Miami Beach For $4.655M With Laura Pantano And Iuliia Simon As Reps
SOLD
Florida
See Similar DealsSingle Family Residence3,306 SF
Sold 11/01/2024
SOLD
Henry Kohn Sells Single Family Home At 7740 Atlantic Way Miami Beach For $4.655M With Laura Pantano And Iuliia Simon As Reps
7740 Atlantic Way
See Similar DealsSingle Family Residence3,306 SF
Sold 11/01/2024
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,408
Total Square Footage:3,306 SF
Transaction Type:Sale
The property asset involved in the transaction is a Single Family home located at 7740 Atlantic Way, Miami Beach. The sale price of the property was $4,655,000, with a total square footage of 3,306 and a price per square foot of $1,408.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $4,655,000
- Address: 7740 Atlantic Way
- Market: Miami Beach
- Square Footage: 3,306
- Price per Square Foot: $1,408
- Seller: Henry Kohn
- Buyer's Representative: Iuliia Simon - J Simon LLC
- Seller's Representative: Laura Pantano - Coldwell Banker
The deal involved key individuals and companies, with Iuliia Simon representing the buyer and Laura Pantano representing the seller. The representation by these agents played a significant role in the successful completion of the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$248,266.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$16,538.23
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,067.07
Annual Debt Service$264,804.90
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