Andian Group Acquires Miami Beach Single Family Home For $10.99M
1620 West 21st Street
$10,999,000
$1,893/SF
Building Size
5,810 SF
Asset Type
Single Family
Closing
Mar 10, 2023
AI
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
Lorain 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
1.44%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93