Susan Blieden Acquires Miami Beach Single-Family Property For $9M
SOLD
$9,000,000
Florida
See Similar DealsSingle Family Residence40,000 SF
Sold 03/08/2022
SOLD
Susan Blieden Acquires Miami Beach Single-Family Property For $9M
Miami Beach, Miami, Florida 33131, United States
See Similar DealsSingle Family Residence40,000 SF
Sold 03/08/2022
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$225
Total Square Footage:40,000 SF
Transaction Type:Sale
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
LENDER
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$480,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$31,975.10
Cash-on-Cash Return-1.27%
Monthly Debt Service$42,664.59
Annual Debt Service$511,975.10
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