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1025 Belle Meade Island Dri...

Gatien Salaun & June Savage Lease SFR In Miami For $19,000/Month
LEASEDSingle Family Residence

Gatien Salaun & June Savage Lease SFR In Miami For $19,000/Month

1025 Belle Meade Island Drive, Miami, Florida 33138, United States

$19,000

$19,000/SF

Building Size

3,699 SF

Asset Type

Single Family Residence

Closing

Nov 15, 2022

AI

The recently closed lease transaction involved a single-family home located at 1025 Belle Meade Island Dr in Miami. The property spans approximately 3,699 square feet and was leased for $19,000 per month.

Summary of transaction details

  • Property Type: Single-Family Home
  • Transaction Amount: $19,000/month
  • Address: 1025 Belle Meade Island Dr, Miami
  • Market: Miami

The landlords of the property are Leon Diamond and Kara Rosen. Representing the landlords in this lease deal was June Savage from Sotheby's International Realty. On the tenant's side, Gatien Salaun from Coldwell Banker Realty served as their representative.

Players

Gatien Salaun⁠

Coldwell Banker

Broker

$12.5M

vol

3 deals

Broker

Leon Diamond

Landlord

$3.1M

vol

3 deals

Landlord

Miami Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

834.89%

Cash-on-Cash

-238.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93