Douglas Elliman Brokers Cyril Matz & Dina Goldentayer Sell Miami Beach Single Family For $16.5M
SOLD
$16,500,000
Florida
See Similar DealsSingle Family4,465 SF
Sold 01/18/2022
SOLD
Douglas Elliman Brokers Cyril Matz & Dina Goldentayer Sell Miami Beach Single Family For $16.5M
Single Family4,465 SF
Sold 01/18/2022
Summary
Asset Type:Single Family
Price Per Square Foot:$3,695
Total Square Footage:4,465 SF
Transaction Type:Sale
A single-family property in Miami Beach has recently sold for a price of $16,500,000. The property spans 4,465 square feet, resulting in a price per square foot of $3,695. The transaction took place on January 18, 2022.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $16,500,000
- Market: Miami Beach
- Square Footage: 4,465
- Price per Square Foot: $3,695
The deal was represented by Cyril Matz and Dina Goldentayer of Douglas Elliman. Their expertise and assistance were invaluable in facilitating the successful transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$880,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$58,621.01
Cash-on-Cash Return-1.27%
Monthly Debt Service$78,218.42
Annual Debt Service$938,621.01
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