Luxury Single Family Home In Miami Beach Sold For $4.1M
1260 Stillwater Drive, Miami Beach, FL 33141
$4,100,000
$1,154/SF
Building Size
3,552 SF
Asset Type
Single Family Residence
Closing
Apr 26, 2021
AI
A single-family property located at 1260 Stillwater Dr in Miami Beach has recently been sold. The transaction took place on April 27, 2021, with an asking price of $4,500,000 and a final sale price of $4,100,000. The property spans a total area of 3,552 square feet, resulting in a price per square foot of $1,154. This transaction was facilitated by Luxe Properties LLC, represented by Priscilla Haisley.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $4,100,000
- Address: 1260 Stillwater Dr, Miami Beach
- Market: Miami Beach
- Broker: Priscilla Haisley - Luxe Properties LLC
Priscilla Haisley, from Luxe Properties LLC, played a key role in representing the buyer or seller in this transaction. The property at 1260 Stillwater Dr offers a spacious living area of 3,552 square feet, providing ample space for its residents. The sale price of $4,100,000 reflects the market value of this desirable property in Miami Beach.
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
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93