Modesta Diaz Sells Single Family Home In Miami Beach For $3.15M
2375 Meridian Avenue
$3,150,000
$1,237/SF
Building Size
2,545 SF
Asset Type
Single Family
Closing
Jun 11, 2024
AI
The single-family property located at 2375 Meridian Avenue in Miami Beach was sold in a recent transaction. The property spans 2,545 square feet and was sold for $3,150,000, at a price per square foot of $1,238. The seller of the property was Modesta Diaz, and the buyer's representative was Mallory McGuire from Sotheby's International Realty, while the seller's representative was Michael Buttacavoli from Berkshire Hathaway HomeServices EWM Realty.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $3,150,000
- Address: 2375 Meridian Avenue
- Market: Miami Beach
- Square Footage: 2,545
- Buyer's Representative: Mallory McGuire - Sotheby's International Realty
- Seller's Representative: Michael Buttacavoli - Berkshire Hathaway HomeServices EWM Realty
Mallory McGuire from Sotheby's International Realty served as the buyer's representative in the deal, showcasing expertise in the Miami Beach market. On the other side, Michael Buttacavoli from Berkshire Hathaway HomeServices EWM Realty represented the seller, ensuring a smooth transaction process for the sale of the property.
Players
Miami Beach Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.04%
Cash-on-Cash
-1.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93