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320 West Dilido Drive, Miam...

Philippe Harari's AquaBlue Group Acquires SFR In Miami Beach For $11.8M
SOLDSingle Family Residence

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

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.

Players

Albert Justo

Sotheby's International Realty

Broker

$309.3M

vol

18 deals

Broker

Philippe Harari

Buyer

$82.3M

vol

4 deals

Buyer

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