Compass' Nesti Mendoza Represents Buyer In $6.55M Townhouse Sale At Aqua At Allison Island
217 Zoe Way
$6,550,000
$1,226/SF
Building Size
5,341 SF
Asset Type
Other
Closing
Jul 28, 2022
AI
A record-breaking sale has taken place at Aqua at Allison Island in Miami Beach. The property in question is a townhouse located at 217 Zoe Way. The transaction was completed on 07/28/2022, with a sale price of $6,550,000. The townhouse spans over 5,341 square feet and has a price per square foot of $1,226. This sale sets a new benchmark for the highest-priced townhome sale ever recorded in the Aqua at Allison Island community.
Summary of transaction details
- Property Type: Townhouse
- Transaction Amount: $6,550,000
- Address: 217 Zoe Way
- Market: Aqua at Allison Island, Miami Beach
- Square Footage: 5,341
- Price Per Square Foot: $1,226
Nesti Mendoza of Compass represented the buyer in this transaction, while the sellers were represented by Dan Hechtkopf, Marci DeClaris, Fredrik Eklund, and John Gomes of Douglas Elliman. Their expertise contributed to the successful completion of the sale, resulting in a record-breaking achievement for Aqua at Allison Island. An extraordinary level of teamwork and negotiation skills were demonstrated by all parties involved.
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
2.42%
Cash-on-Cash
-0.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93