Updated Oct 29, 2024
Philippe Harari's AquaBlue Group Acquires SFR In Miami Beach For $11.8M
320 West Dilido Drive, Miami Beach, FL, USA
$11,800,000
$1,834/SF
Building Size
6,433 SF
Asset Type
Single Family Residence
Closing
Jan 26, 2021
About this deal
AI
Located at 320 W. Dilido Drive in Miami Beach, this single-family residential property has been sold. It was purchased by Philippe Harari of AquaBlue Group from Bonnie Epstein, Stephen Cypen, and Wayne Cypen. The property was listed by Albert Justo and Mirce Curkoski of One Sotheby’s International Realty. The transaction took place on January 27, 2021.
Summary of transaction details:
- Property Type: Single-Family Residential (SFR)
- Transaction Amount: $11,800,000
- Square Footage: 6,433
- Price per Square Foot: $1,834
- Market: Miami Beach
The sale of this property marks the successful collaboration between Philippe Harari and AquaBlue Group as the buyer, and Bonnie Epstein, Stephen Cypen, and Wayne Cypen as the seller. Albert Justo and Mirce Curkoski, representing One Sotheby’s International Realty, facilitated the transaction.
On the Map
$11,800,000
$1,834/SF
Single Family Residence
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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
1.34%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93