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Arlene Landsman Sells Single Family Home At 5361 North Bay Road For $2M With Sam Chute And Federico Nimhauser As Reps

Property Image
SOLD
$2,000,000
Federico Nimhauser
Sam Chute

Florida

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Single Family Residence2,244 SF
Sold 09/18/2024
the dealplayerscompscontact
Property Image
SOLD

Arlene Landsman Sells Single Family Home At 5361 North Bay Road For $2M With Sam Chute And Federico Nimhauser As Reps

5361 North Bay Road

See Similar Deals
Single Family Residence2,244 SF
Sold 09/18/2024
Federico Nimhauser
Sam Chute
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$891
Total Square Footage:2,244 SF
Transaction Type:Sale

The property involved in this transaction is a single family home located at 5361 North Bay Road in the Miami Beach market. The sale price reached $2,000,000, encompassing a square footage of 1,963, which translates to a price per square foot of $1,018.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $2,000,000
  • Address: 5361 North Bay Road
  • Market: Miami Beach
  • Square Footage: 1,963
  • Price per Square Foot: $1,018
  • Seller: Arlene Landsman
  • Buyer's Representative: Federico Nimhauser - Hauser Realty
  • Seller's Representative: Sam Chute - London Foster Realty

The transaction was facilitated by Federico Nimhauser, who represented the buyer in this deal, while Sam Chute served as the representative for the seller, ensuring the interests of their respective clients were met throughout the sale process.

Players

Federico Nimhauser
Hauser Realty
Federico Nimhauser
2 deals$3.6M volume
BROKER
Sam Chute
Sam Chute
3 deals$9.1M volume(786) 375-0028
BROKER
Sam Chute
Sam Chute
3 deals$9.1M volume(786) 375-0028
BROKER

Details

SOLD
IMAGE: Sam Chute & Federico Nimhauser DATE: 09/18/2024 ADDRESS: 5361 North Bay Road MARKET: Miami Beach ASSET TYPE: Single Family SELLER: Arlene Landsman BUYER'S REP: Federico Nimhauser (@HauserRealty) - Hauser Realty SELLER'S REP: Sam Chute - London Foster Realty (@London.Foster.Realty) SALE PRICE: $2,000,000 SF: 1,963 ~ PPSF: $1,018

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,105.57
Cash-on-Cash Return-1.27%
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