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

Property Image
SOLD
$5,050,000

Florida

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Single Family4,583 SF
Sold 09/24/2021
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Property Image
SOLD

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

Miami Beach, FL, USA

See Similar Deals
Single Family4,583 SF
Sold 09/24/2021
Contact now

Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$1,101
Total Square Footage:4,583 SF
Transaction Type:Sale

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
9 deals$66.3M volume(305) 710-3704
BROKER

Sandra Rodriguez
1 deal$5.1M volume
BROKER

SELLER

Details

SOLD
IMAGE: Sandra Rodriguez, Pascal Nicolai & Morgan Blittner MARKET: Miami Beach ASSET TYPE: Single Family BUYER: Allon Bloch & Allison Nicole Bloch SELLER: Sabal Development (@SabalDev) & Sabal Luxury Builder (@SabalBuilder) - Pascal Nicolai (@PascalNicolai) BUYER'S REP: Morgan Blittner - Brown Harris Stevens SELLER'S REP: Sandra Rodriguez - Luxe Capital Realty SALE PRICE: $5,050,000 SF: 4,583 ~ PPSF: $1,102

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

$269,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$17,941.59
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,939.58
Annual Debt Service$287,274.92