Douglas Elliman Represents $8M SFR Sale On N. Venetian Drive In Miami
1021 N Venetian Dr, Miami Beach, Fl 33139, Usa
$8,000,000
$1,355/SF
Building Size
5,902 SF
Asset Type
Single Family Residence
Closing
Nov 9, 2020
AI
Located at 1021 N. Venetian Drive in Miami, this single-family residential property was recently sold for a price of $8,000,000. The transaction took place on 11/10/2020.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $8,000,000
- Market: Miami
The buyer's representative in this deal was Alan Gabay from Douglas Elliman. On the other hand, the seller's representatives were Bragi Sigurdsson and Carlos M. Arocha, who are part of the Douglas Elliman team known as The.SigurdssonTeam.
Players
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.98%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93