Crystal Solorzano Acquires SFR In Miami Beach From Pascal Nicolai For $5.9M
860 South Shore Drive, Miami Beach, FL 33141, USA
$5,900,000
$1,151/SF
Building Size
5,126 SF
Asset Type
Single Family Residence
Closing
May 29, 2020
AI
The property sold in this transaction is a single-family home located at 860 S. Shore Drive in Miami Beach. The sale took place on May 29, 2021. The property is situated in the Miami Beach market and is a total of 5,126 square feet in size. It features a spacious lot, measuring 13,600 square feet. The sale price for this property was $5,900,000, resulting in a price per square foot of $1,151.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $5,900,000
- Address: 860 S. Shore Drive, Miami Beach
- Market: Miami Beach
- Square Footage: 5,126
- Seller: Pascal Nicolai @Sabaldev, @Sabalbuilder
- Buyer: Crystal Solorzano
- Seller's Representative: Ceiliah Epner - Compass Florida, LLC
- Listing Agent: Jean-Noel Grinda
The seller, Pascal Nicolai, was represented in the transaction by Ceiliah Epner from Compass Florida, LLC. The buyer in this deal is Crystal Solorzano. It's worth noting that Pascal Nicolai is affiliated with Sabaldev and Sabalbuilder.
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
2.69%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93