Alexander Team Sells Single Family Home In Miami Beach For $10.2M As Seller's Rep
SOLD
Florida
See Similar DealsSingle Family5,423 SF
Sold 05/15/2024
SOLD
Alexander Team Sells Single Family Home In Miami Beach For $10.2M As Seller's Rep
1220 South Biscayne Point Road
See Similar DealsSingle Family5,423 SF
Sold 05/15/2024
Summary
FLORIDA
Asset Type:Single Family
Price Per Square Foot:$1,880
Total Square Footage:5,423 SF
Transaction Type:Sale
The single-family property located at 1220 South Biscayne Point Road in Miami Beach was sold for $10,200,000. Spanning 5,423 square feet, the property was sold at a price per square foot of $1,881.
Summary of transation details:
- Property Type: Single Family
- Transaction Amount: $10,200,000
- Square Feet: 5,423
- Price Per Square Foot: $1,881
- Address: 1220 South Biscayne Point Road, Miami Beach
Oren Alexander, Tal Alexander, and Isaac Lustgarten of the Alexander Team served as the seller's representatives for this transaction.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$544,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$36,238.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$48,353.20
Annual Debt Service$580,238.45
Is there something missing? Send suggestions
