Ilonka Padeh Sells Miami Beach Single Family Home For $8.7 Million With David Pullman & George Burns As Brokers
SOLD
$8,700,000
Florida
See Similar DealsMultiFamily24,830 SF
Sold 07/22/2024
SOLD
Ilonka Padeh Sells Miami Beach Single Family Home For $8.7 Million With David Pullman & George Burns As Brokers
3355 Flamingo Drive
See Similar DealsMultiFamily24,830 SF
Sold 07/22/2024
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$350
Total Square Footage:24,830 SF
Transaction Type:Sale
The property asset involved in this transaction is a single-family residence located at 3355 Flamingo Drive in Miami Beach. The sale price for the property was $8,700,000, encompassing a total square footage of 24,830, resulting in a price per square foot of $350.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $8,700,000
- Address: 3355 Flamingo Drive
- Market: Miami Beach
- Square Footage: 24,830
- Price per Square Foot: $350
- Seller: Ilonka Padeh
- Brokers: David Pullman - Sotheby's International Realty; George Burns - One Sotheby’s International Realty
Ilonka Padeh is the seller of the property, while David Pullman from Sotheby's International Realty and George Burns from One Sotheby’s International Realty acted as the brokers in this transaction, facilitating the deal between the involved parties.
Players
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
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
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.
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)
$463,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$30,909.27
Cash-on-Cash Return-1.27%
Monthly Debt Service$41,242.44
Annual Debt Service$494,909.26
Is there something missing? Send suggestions