Updated Dec 4, 2024
Andrew Holtz & Nancy Batchelor Acquire Single Family Home In Miami Beach For $17.25M
4701 Meridian Avenue
$17,250,000
$2,906/SF
Building Size
5,936 SF
Asset Type
Single Family
Closing
Jun 3, 2024
About this deal
AI
The single-family property located at 4701 Meridian Avenue in Miami Beach was recently sold. The property spans 5,936 square feet and was sold for $17,250,000, indicating a price per square foot of $2,906. The transaction took place on 06/03/2024.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $17,250,000
- Address: 4701 Meridian Avenue
- Market: Miami Beach
- Asset Type: Single Family
- Buyer's Rep: Andrew Holtz & Nancy Batchelor - Compass
- Asking Price: $19,999,999
- SF: 5,936
- PPSF: $2,906
Andrew Holtz and Nancy Batchelor from Compass represented the buyer in this property transaction. They facilitated the sale of the single-family home, ensuring a successful deal for all parties involved.
On the Map
$17,250,000
$2,906/SF
Single Family
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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
0.92%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93