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100 West San Marino Drive, ...

100 West San Marino Drive LLC Acquires 5,165 SF Miami Beach Single Family For $17.1M
SOLDSingle Family Residence

100 West San Marino Drive LLC Acquires 5,165 SF Miami Beach Single Family For $17.1M

100 West San Marino Drive, Miami Beach, FL, USA

$17,100,000

$3,310/SF

Building Size

5,165 SF

Asset Type

Single Family Residence

Closing

Mar 28, 2021

AI

The property involved in this closed transaction is a Single Family home located at 100 West San Marino Drive, Miami Beach. The property has a total area of 5,165 square feet. The transaction took place on 03/29/2021.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $17,100,000
  • Price per Square Foot: $3,311
  • Market: Miami Beach

The buyer of the property is 100 West San Marino Drive LLC, while the seller is Eddie Irvine. The buyer's representatives in this deal are Jeri Jenkins from Coldwell Banker Realty and Jean Echemendia from Douglas Elliman. On the other hand, the seller's representatives are Julian Johnston from The Corcoran Group and Reinis Cirulis from SIR Realty LLC.

Players

Julian Johnston

The Corcoran Group

Broker

$777.3M

vol

55 deals

Broker

Eddie Irvine

Seller

$35.2M

vol

3 deals

Seller

Miami Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.93%

Cash-on-Cash

-0.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93