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
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