Julio Mitrani Sells Single Family Home In Miami Beach For $2.2M
1610 Cleveland Road
$2,200,000
$818/SF
Building Size
2,687 SF
Asset Type
Single Family
Closing
Mar 5, 2024
AI
The single-family property located at 1610 Cleveland Road in Miami Beach was sold by Julio Mitrani. The transaction was facilitated by broker Yohan Chemla from LIV Group Real Estate, with a sale price of $2,200,000. The property spans 2,687 square feet, resulting in a price per square foot of $819.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,200,000
- Address: 1610 Cleveland Road
- Market: Miami Beach
Yohan Chemla served as the broker representing Julio Mitrani in this property sale.
Miami Beach Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93