Andian Group Acquires Miami Beach Single Family Home For $10.99M
SOLD
$10,999,000
Single Family5,810 SF
Sold 03/10/2023
SOLD
Andian Group Acquires Miami Beach Single Family Home For $10.99M
1620 West 21st Street
See Similar DealsSingle Family5,810 SF
Sold 03/10/2023
Summary
OHIO
Asset Type:Single Family
Price Per Square Foot:$1,893
Total Square Footage:5,810 SF
Transaction Type:Sale
This single-family property located at 1620 West 21st Street in Miami Beach has been sold for $10,999,000. The property spans 0.2 acres and offers a total of 5,810 square feet of living space. The sale price per square foot is $1,893.
Summary of transation details
- Property Type: Single Family
- Transaction Amount: $10,999,000
- Address: 1620 West 21st Street, Miami Beach
- Market: Miami Beach
- Lot Size: 0.2 acres
The buyer of this property is Mariella Isaias, with representation from Andres Isaias of Andian Group. The seller is Lori "Lucky" Shiller. Alejandro Diaz Bazan, from Coldwell Banker, represented the buyer, while the seller was represented by Danny Hertzberg of The Jills Zeder Group, also from Coldwell Banker.
Players
BUYER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$586,613.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$39,077.13
Cash-on-Cash Return-1.27%
Monthly Debt Service$52,140.87
Annual Debt Service$625,690.46
Is there something missing? Send suggestions