Brad & Jill Miller Acquire Single Family Home From HR Developers For $17.275M In Miami Beach
1041 North Venetian Drive
$17,275,000
$2,677/SF
Building Size
6,452 SF
Asset Type
Single Family Residence
Closing
Mar 15, 2026
AI
The property asset involved in this transaction is located at 1041 North Venetian Drive in the Miami Beach market. It is a single-family residence with a sale price of $17,275,000, covering a square footage of 6,452. The price per square foot amounts to $2,677.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $17,275,000
- Address: 1041 North Venetian Drive
- Market: Miami Beach
- Square Footage: 6,452
- Price per Square Foot: $2,677
- Buyer: Brad & Jill Miller
- Seller: HR Developers
- Seller's Representatives: Humberto Ramirez & Eddy Rengifo - Avanti Way
The key individuals involved in the deal include the buyers, Brad and Jill Miller, who acquired the property, and the seller, HR Developers, noted for their role in the transaction. Humberto Ramirez and Eddy Rengifo represented the seller in this deal under the agency Avanti Way.
Players
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
0.92%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93