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Miami Beach, Miami, Florida...

Susan And Nicholas Maounis Acquire $26M Single-Family Property In Miami Beach
SOLDMultiFamily

Susan And Nicholas Maounis Acquire $26M Single-Family Property In Miami Beach

Miami Beach, Miami, Florida 33125, United States

$26,000,000

$2,363/SF

Building Size

11,000 SF

Asset Type

MultiFamily

Closing

Mar 28, 2022

AI

A single-family home in Miami Beach has been sold for $26 million. The property, with a size of 11,000 square feet, was purchased by Susan Maounis and Nicholas Maounis from sellers David and Leila Centner. The sale took place on March 28, 2022, in the Miami Beach market.

Summary of transaction details

  • Property Type: Single-Family
  • Transaction Amount: $26,000,000
  • Market: Miami Beach
  • Buyer: Susan Maounis; Nicholas Maounis - Amaranth Advisors
  • Seller: David & Leila Centner

Ryan Mendell from Maxwell E. Realty represented the buyers in the transaction, while Andrea D’Alessio from RE/MAX 360 Real Estate represented the sellers. This sale represents a significant transaction in the Miami Beach real estate market.

Players

Ryan Mendell

Maxwelle Real Estate

Broker

$305.3M

vol

15 deals

Broker
David Centner

David Centner

DLC Capital Management

Seller

$93M

vol

5 deals

Seller
DM
DLC Capital ManagementSeller

Market MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.61%

Cash-on-Cash

-0.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93