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Jacobo Hallak Sells Single Family Home In Miami Beach For $5.17M

Property Image
SOLD
$5,174,000
Sam Kafin
Isaac Kessler

Florida

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Single Family3,219 SF
Sold 05/17/2024
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Property Image
SOLD

Jacobo Hallak Sells Single Family Home In Miami Beach For $5.17M

4464 Prairie Avenue

See Similar Deals
Single Family3,219 SF
Sold 05/17/2024
Sam Kafin
Isaac Kessler
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$1,607
Total Square Footage:3,219 SF
Transaction Type:Sale

The Single Family property located at 4464 Prairie Avenue in Miami Beach was sold for $5,174,000. Spanning 3,219 square feet, the property was transacted at a price per square foot of $1,607.

Summary of transaction details:

This waterfront Miami Beach property transaction was facilitated by Sam Kafin and Isaac Kessler representing the buyer. The Kafin-Kessler Group, operating under One Sotheby's International Realty, specializes in off-market property deals, leveraging comprehensive analytics for faster results.

Players

Isaac Kessler
Compass
Isaac Kessler
4 deals$11.2M volume(305) 720-6087
BROKER
Sam Kafin
Compass
Sam Kafin
4 deals$11.2M volume(954) 821-5441
BROKER

Details

SOLD
IMAGE: Isaac Kessler & Sam Kafin DATE: 05/17/2024 ADDRESS: 4464 Prairie Avenue MARKET: Miami Beach ASSET TYPE: Single Family SELLER: Jacobo Hallak BUYER'S REP: Sam Kafin (@Sam_Kafin) & Isaac Kessler (@Isaac__Kessler) - Kafin-Kessler Group (@Kafin.Kessler.Group) - One Sotheby's International Realty (@OneSIR) (@SothebysRealty) SALE PRICE: $5,174,000 SF: 3,219 ~ PPSF: $1,607 NOTE FROM BUYER'S REP: This waterfront Miami Beach property was sourced off market! If you or someone you know is searching for a home, we would love to show how we’ve helped dozens of our clients and Miami Beach neighbors with transactions through our comprehensive analytics, better communication and faster results.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$275,946.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$18,382.12
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,527.40
Annual Debt Service$294,328.80