Andian Group Acquires Miami Beach Single Family Property For $13.9M With Jills Zeder Group Reps
Miami Beach, Miami, Florida 33125, United States
$13,900,000
$1,794/SF
Building Size
7,748 SF
Asset Type
Single Family
Closing
Jan 19, 2022
AI
The single-family property in Miami Beach, located on a 0.6-acre lot, was recently sold for $13,900,000. The property spans an impressive 7,748 square feet, with a price per square foot of $1,794. The sale took place on January 19, 2022.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $13,900,000
- Market: Miami Beach
- Lot Size: 0.6 acres
The buyer of the property was Andian Group, represented by Andres Isaias and Alejandro Diaz Bazan. Lions Global, represented by Jorge Chammas Neto, acted as the seller in the deal. Alejandro Diaz Bazan, from Jills Zeder Group - Coldwell Banker, served as the buyer's representative. Jill Eber and Jill Hertzberg, also from Jills Zeder Group - Coldwell Banker, represented the seller.
It is worth noting that the property holds significance as it was featured in the original "Miami Vice" TV show, adding to its historical appeal.
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
1.14%
Cash-on-Cash
-0.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93