Camryn Magness Acquires $10.6M Miami Beach Penthouse From David M. Hryck
102 24th Street, Miami Beach, Florida 33139, United States
$10,600,000
$3,702/SF
Building Size
2,863 SF
Asset Type
Other
Closing
Apr 14, 2022
AI
The property involved in this closed transaction is a penthouse located at 102 24th Street in Miami Beach. The penthouse spans 2,863 square feet and was sold for a price of $10,600,000, resulting in a price per square foot of $3,702. The seller of the penthouse was David M. Hryck, a representative from Duane Morris, while the buyer was Camryn Magness, an American singer. Camryn Magness was represented by Alexa Lemieux from Venetian International LLC, while Jennifer Restrepo from eXp Realty represented the seller in the deal.
Summary of transaction details
- Property Type: Penthouse
- Transaction Amount: $10,600,000
- SF: 2,863
- PPSF: $3,702
In this transaction, Camryn Magness, an American singer, purchased the penthouse located at 102 24th Street in Miami Beach. Alexa Lemieux from Venetian International LLC represented Camryn Magness as the buyer's representative. The seller of the penthouse was David M. Hryck, represented by Jennifer Restrepo from eXp Realty.
Players
Miami Beach Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.50%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93