facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Single Family Residence

/

Sale

/

5361 North Bay Road

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

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

$2,000,000

$891/SF

Building Size

2,244 SF

Asset Type

Single Family Residence

Closing

Sep 18, 2024

AI

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

Broker

$3.6M

vol

2 deals

Broker

Miami Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.93%

Cash-on-Cash

-2.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93