Updated Oct 28, 2024
Miramar Holdings LLC Acquires 10.8 Acres Single Family Property In Miramar Beach For $25M
10181 US Highway 98 W, Miramar Beach, Florida 32550, United States
$25,000,000
Building Size
—
Asset Type
Single Family Residence
Closing
Jun 5, 2022
About this deal
AI
Miramar Beach is home to a stunning single-family property that recently changed hands in a closed transaction. Located at 10181 US Highway 98 West & 39 Sandy Dunes Circle, this property spans an impressive 10.8 acres, providing ample space for residents to enjoy. The transaction took place on June 6, 2022, with a sale price of $25,000,000. The buyer of this remarkable property is Miramar Holdings LLC.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $25,000,000
- Address: 10181 US Highway 98 West & 39 Sandy Dunes Circle
- Market: Miramar Beach
- Acres: 10.8
Tony Manthey from Luxury Portfolio International - Premier Property Group represented the buyer, Miramar Holdings LLC, in this transaction. As a reputable broker, Tony Manthey played a pivotal role in ensuring the success of this deal. Their expertise and knowledge of the luxury real estate market were instrumental in facilitating the purchase of this exceptional property.
Miramar 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
0.63%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93