Updated Sep 9, 2024
Mark W. Parrish Sells Miami Beach SFR For $5.4M With Broker Reps Joel Lusky, Zalmy Shapiro & Nelson Gonzalez
4442 Prairie Avenue
$5,425,000
$921/SF
Building Size
5,889 SF
Asset Type
Single Family
Closing
Jul 25, 2022
About this deal
AI
Located in Miami Beach, the single-family home at 4442 Prairie Ave has been sold in a closed transaction. The property features a total of 5,889 square feet and was sold for $5,425,000, resulting in a price per square foot of $921. The sale took place on July 25, 2022, and was facilitated by Joel Lusky and Zalmy Shapiro from The Brokerage RE and Nelson Gonzalez from BHHS EWM Realty.
Summary of transaction details:
- Property Type: Single-Family Home
- Transaction Amount: $5,425,000
- Address: 4442 Prairie Ave
- Market: Miami Beach
- Square Footage: 5,889 sqft
- Price per Square Foot: $921
The transaction was carried out by the seller, Mark W. Parrish. Representing the seller in the deal were Joel Lusky and Zalmy Shapiro from The Brokerage RE, as well as Nelson Gonzalez from BHHS EWM Realty. The involvement of these experienced brokers highlights their role in securing the successful sale of the property.
Players
Miami Beach Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $921 per square foot on a published $5.4M for 5,889 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.92%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93