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Miami Beach, FL, USA

Allon Bloch & Allison Nicole Bloch Acquire Miami Beach Single Family For $5.05M
SOLDSingle Family

Allon Bloch & Allison Nicole Bloch Acquire Miami Beach Single Family For $5.05M

Miami Beach, FL, USA

$5,050,000

$1,101/SF

Building Size

4,583 SF

Asset Type

Single Family

Closing

Sep 24, 2021

AI

A single-family property located in Miami Beach has been sold for a price of $5,050,000. The property spans 4,583 square feet and has a price per square foot of $1,102. The transaction involved buyers Allon Bloch and Allison Nicole Bloch, who purchased the property from seller Sabal Development and Sabal Luxury Builder, represented by Pascal Nicolai. The buyer's representative in the deal was Morgan Blittner from Brown Harris Stevens, while the seller's representative was Sandra Rodriguez from Luxe Capital Realty.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $5,050,000
  • Square Footage: 4,583
  • Price per Square Foot: $1,102

Morgan Blittner from Brown Harris Stevens represented Allon Bloch and Allison Nicole Bloch as the buyers in the transaction. Sabal Development and Sabal Luxury Builder were represented by Pascal Nicolai as the sellers. Sandra Rodriguez from Luxe Capital Realty acted as the seller's representative. This transaction highlights the involvement of key individuals and companies in the Miami Beach market.

Players

Morgan Blittner

Brown Harris Stevens

Broker

$66.3M

vol

9 deals

Broker
SB
Sabal Luxury BuilderSeller

Miami 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

3.14%

Cash-on-Cash

-0.90%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93