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Miami Beach, Miami, Florida...

Susan Blieden Acquires Miami Beach Single-Family Property For $9M
SOLDSingle Family Residence

Susan Blieden Acquires Miami Beach Single-Family Property For $9M

Miami Beach, Miami, Florida 33131, United States

$9,000,000

$225/SF

Building Size

40,000 SF

Asset Type

Single Family Residence

Closing

Mar 7, 2022

AI

The single-family property located in Miami Beach has been sold in a recent transaction. The property spans 5,128 square feet and was sold for a price of $9,000,000, resulting in a price per square foot of $1,755. The sale took place on March 8, 2022.

Summary of transation details

  • Property Type: Single-Family
  • Transaction Amount: $9,000,000
  • Market: Miami Beach

Susan Blieden and Mark Blieden from Kaden Companies are the buyers of the property. Christian Ludwigsen, also known as Chris Paciello, is the seller. Kevin Crego from Compass acted as the broker in this transaction.

Players

Adrian Edery

Two50 Capital Group

Broker

$660.7M

vol

40 deals

Broker
S3 Capital
S3 CapitalLender

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

1.76%

Cash-on-Cash

-0.50%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93