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Miami, FL, USA

Updated Sep 9, 2024

Jesse Metcalfe Acquires Penthouse In Miami For $1.1M
SOLDOther

Jesse Metcalfe Acquires Penthouse In Miami For $1.1M

Miami, FL, USA

$1,100,000

Building Size

Asset Type

Other

Closing

Oct 28, 2021

About this deal

AI

A penthouse in Miami has recently been sold in a transaction that took place on October 28, 2021. The property, which is located in the Miami market, was purchased for a sale price of $1,100,000. The buyer of the penthouse is Jesse Metcalfe. Representing the buyer in this deal is Taren Cassidy from Douglas Elliman. The seller's representative is Silvia Nieto-Torres from Horizon Homes Realty.

Summary of transaction details

  • Property Type: Penthouse
  • Transaction Amount: $1,100,000
  • Buyer: Jesse Metcalfe
  • Buyer's Representative: Taren Cassidy - Douglas Elliman
  • Seller's Representative: Silvia Nieto-Torres - Horizon Homes Realty

Jesse Metcalfe, an actor known for his roles in television and film, has acquired this penthouse in Miami. The transaction was facilitated by Taren Cassidy from Douglas Elliman, who represented Jesse Metcalfe as his buyer's representative. Silvia Nieto-Torres, a representative from Horizon Homes Realty, acted as the seller's representative in this deal. The sale of the property finalized on October 28, 2021, with a sale price of $1,100,000.

Players

Taren Cassidy

Douglas Elliman

Broker

$1.1M

vol

1 deal

Broker

Miami 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

14.42%

Cash-on-Cash

-4.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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