Updated Dec 4, 2024
Annick Timmer's EBH Group Sells Miami Beach Single Family For $16.95M
6580 Allison Road
$16,950,000
$2,566/SF
Building Size
6,604 SF
Asset Type
Single Family
Closing
Oct 30, 2023
About this deal
AI
The single-family property located at 6580 Allison Road in Miami Beach has been sold for $16,950,000. The property features 6,604 square feet of living space, resulting in a price per square foot of $2,567. It is a remarkable sale in the Miami Beach market.
Summary of transation details
- Property Type: Single Family
- Transaction Amount: $16,950,000
- Address: 6580 Allison Road, Miami Beach
- Market: Miami Beach
- Broker: Annick Timmer - The EBH Group
- Square Footage: 6,604
- Price per Square Foot: $2,567
Annick Timmer from The EBH Group represented the buyer or seller in the transaction, acting as the broker. This sale showcases the expertise and professionalism of Annick Timmer and The EBH Group in the Miami Beach market. Their role was instrumental in the successful completion of this significant real estate deal.
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
0.94%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93