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102 24th Street, Miami Beac...

Camryn Magness Acquires $10.6M Miami Beach Penthouse From David M. Hryck
SOLDOther

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

Alexa Lemieux

Broker

$10.6M

vol

1 deal

Broker

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