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Surfside, FL, USA

Lynda Carter Acquires Surfside Condo For $15M With Buyer's Rep Pablo Alfaro - Douglas Elliman
SOLD

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

Pablo Alfaro

Douglas Elliman

Broker

$242.2M

vol

13 deals

Broker

Surfside CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

Loading comparables…

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