Maxwell E Realty Inc Represents Buyer In $9.1M Sale Of Miami Beach Single Family Home
Miami Beach, FL, USA
$9,100,000
$2,557/SF
Building Size
3,558 SF
Asset Type
Single Family
Closing
Aug 20, 2021
AI
A single-family property in Miami Beach has been sold for $9,100,000. The property spans 3,558 square feet, resulting in a price per square foot of $2,559. The sale was finalized on 08/20/2021.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $9,100,000
- Square Footage: 3,558
- Price per Square Foot: $2,559
- Sale Date: 08/20/2021
The sellers of the property were Michelle Simkins and Matthew Sidman of Three Bays Capital, while the buyer's representative was Ryan Mendell from Maxwell E Realty Inc. On the seller's side, Nancy Batchelor and Simone Weissman of BHHS EWM Realty served as the representatives in the transaction.
Players
Miami Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.74%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93