Updated Dec 4, 2024
Jacobo Hallak Sells Single Family Home In Miami Beach For $5.17M
4464 Prairie Avenue
$5,174,000
$1,607/SF
Building Size
3,219 SF
Asset Type
Single Family
Closing
May 17, 2024
About this deal
AI
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:
- Property Type: Single Family
- Transaction Amount: $5,174,000
- Address: 4464 Prairie Avenue
- Market: Miami Beach
- Asset Type: Single Family
- Seller: Jacobo Hallak
- Buyer's Rep: Sam Kafin & Isaac Kessler - Kafin-Kessler Group - One Sotheby's International Realty
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.
Miami Beach Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $1.6K per square foot on a published $5.2M for 3,219 square feet (2024).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.07%
Cash-on-Cash
-0.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93