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3871 South Le Jeune Road

Jared & Julie Fruchtman Purchase Single Family Home In Miami For $1.775M
SOLDSingle Family

Jared & Julie Fruchtman Purchase Single Family Home In Miami For $1.775M

3871 South Le Jeune Road

$1,775,000

$605/SF

Building Size

2,931 SF

Asset Type

Single Family

Closing

May 1, 2024

AI

The property located at 3871 South Le Jeune Road in Miami, a single-family home, was recently sold for $1,775,000. The transaction involved a total of 2,931 square feet, equating to a price per square foot of $606. The seller of the property was Zubin Kassamali, with Karen Elmir from Sotheby's International Realty representing the seller. The buyers of the property were Jared & Julie Fruchtman.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $1,775,000
  • Address: 3871 South Le Jeune Road
  • Market: Miami

Karen Elmir from Sotheby's International Realty served as the seller's representative in the deal, facilitating the successful sale of the property to buyers Jared & Julie Fruchtman.

Players

Karen Elmir

Sotheby's International Realty

Broker

$64.9M

vol

12 deals

Broker

Coconut Grove 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

8.94%

Cash-on-Cash

-2.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93