Henry Kohn Purchases Single Family Home In Miami Beach For $10.5M
2957 Flamingo Drive
$10,500,000
$1,885/SF
Building Size
5,568 SF
Asset Type
Single Family
Closing
Mar 8, 2024
AI
The single-family property located at 2957 Flamingo Drive in Miami Beach was recently sold for $10,500,000. Spanning 5,568 square feet, the property was transacted at a price per square foot of $1,886. The seller, Babba Joshua Yesharim, facilitated the deal with the buyer, Henry Kohn, with representation from Laura Pantano of Interealty Exchange for the buyer and Oren Alexander of Official alongside Mendel Fellig of Compass for the seller.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $10,500,000
- Address: 2957 Flamingo Drive
- Market: Miami Beach
- Buyer: Henry Kohn
- Seller: Babba Joshua Yesharim
- Buyer's Rep: Laura Pantano - Interealty Exchange
- Seller's Rep: Oren Alexander - Official; Mendel Fellig - Compass
- SF: 5,568
- PPSF: $1,886
The collaboration between Laura Pantano from Interealty Exchange representing the buyer and Oren Alexander from Official in conjunction with Mendel Fellig from Compass representing the seller played a pivotal role in the successful closure of this substantial property deal.
Players
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
1.51%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93