Aaron Rollins' Elite Body Sculpture Acquires Land In Miami Beach For $30M
7 Indian Creek Island Road, Miami Beach, FL, USA
$30,000,000
$375/SF
Building Size
80,000 SF
Asset Type
Other
Closing
Nov 19, 2020
AI
Located in Miami Beach, the property at 7 Indian Creek Island Road was recently sold in a closed transaction. The asset type of this property is residential land, covering an expansive 1.84 acres. The sale took place on November 20, 2020, with a final selling price of $30,000,000.
Summary of Transaction Details
- Property Type: Land (Residential)
- Transaction Amount: $30,000,000
- Address: 7 Indian Creek Island Road
- Market: Miami Beach
The buyer of this property is Aaron Rollins, the representative for Elite Body Sculpture. On the other side of the deal, Julio Iglesias served as the seller. The buyer's representative in this transaction was Ryan Mendell, who represented Maxwelle Realty. The seller's representative was a team consisting of Jill Eber and Jill Hertzberg, part of The Jills Zeder Group under Coldwell Banker.
This closed transaction marks a significant sale in Miami Beach, with the property offering an impressive 1.84 acres of residential land. The involvement of renowned individuals such as Julio Iglesias and Aaron Rollins adds further intrigue to the deal.
Players
Indian Creek Village 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
0.53%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93