Lynda Carter Acquires Surfside Condo For $15M With Buyer's Rep Pablo Alfaro - Douglas Elliman
Surfside, FL, USA
$15,000,000
$3,902/SF
Building Size
3,844 SF
Asset Type
—
Closing
Jun 2, 2020
AI
A waterfront condo in Surfside has been sold for $15,000,000 in a recent transaction. The property, with a total area of 3,844 square feet, was purchased by Lynda Carter. The condo is located in an excellent location and offers stunning views of the ocean. The sale price per square foot stands at $3,902, reflecting the desirable nature of the property.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $15,000,000
- Square Footage: 3,844
- Price per Square Foot: $3,902
- Buyer: Lynda Carter
- Seller: Martha Hamamoto; David Hamamoto - DiamondPeak Holdings
- Buyer's Representative: Pablo Alfaro - Douglas Elliman
- Seller's Representatives: Ximena Penuela & Charlotte Maietto - Fort Realty
- Date of Sale: 06/02/2021
- Market: Surfside
Pablo Alfaro from Douglas Elliman represented Lynda Carter in the transaction, while Ximena Penuela and Charlotte Maietto from Fort Realty served as the representatives of Martha Hamamoto and David Hamamoto of DiamondPeak Holdings, the sellers. This sale showcases the demand for luxury properties in Surfside and highlights the expertise of the real estate professionals involved.
Players
Surfside CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.06%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93