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Carlos Delatorre & Benedetta Amadi Acquire SFR In Miami Beach For $5.4M

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SOLD
$5,400,000

Florida

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Single Family Residence2,375 SF
Sold 06/15/2022
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Property Image
SOLD

Carlos Delatorre & Benedetta Amadi Acquire SFR In Miami Beach For $5.4M

1349 North Biscayne Point Road, Miami Beach, Florida 33141, United States

See Similar Deals
Single Family Residence2,375 SF
Sold 06/15/2022
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$2,273
Total Square Footage:2,375 SF
Transaction Type:Sale

Located in Miami Beach, the recently sold single-family home at 1349 N Biscayne Point Rd offers a total living area of approximately 2,375 square feet. The property was sold on June 15, 2022, for a total price of $5,400,000, resulting in a price per square foot of $2,274. The transaction was handled by Compass, with Liz Hogan representing the buyer Carlos Delatorre and Benedetta Amadi, and Nancy Batchelor and Juan Salas representing the seller James Hendrickson.

Summary of transaction details

  • Property Type: Single-Family Home
  • Transaction Amount: $5,400,000
  • Address: 1349 N Biscayne Point Rd, Miami Beach
  • Square Footage: 2,375
  • Buyer: Carlos Delatorre & Benedetta Amadi
  • Seller: James Hendrickson
  • Buyer's Rep: Liz Hogan - Compass
  • Seller's Rep: Nancy Batchelor & Juan Salas - Compass

The deal was successfully closed with the assistance of Liz Hogan from Compass representing the buyer and Nancy Batchelor and Juan Salas, also from Compass, representing the seller. The transaction highlights the seamless collaboration between these key individuals and companies in the real estate industry.

Players

Nancy Batchelor
52 deals$355.5M volume(305) 903-2850
BROKER

Liz Hogan
Compass
33 deals$522M volume(305) 804-9700
BROKER

Juan Salas
Compass
4 deals$15.8M volume
BROKER

Details

SOLD
IMAGE: Liz Hogan, Juan Salas & Nancy Batchelor DATE: 06/15/2022 ADDRESS: 1349 N Biscayne Point Rd MARKET: Miami Beach ASSET TYPE: SFR BUYER: Carlos Delatorre & Benedetta Amadi SELLER: James Hendrickson BUYER'S REP: Liz Hogan (@LizHoganRealtor) - Compass (@Compass) @CompassFl) SELLER'S REP: Nancy Batchelor (@NancyBatchelorTeam) & Juan Salas (@JuanMiamiRealtor) - Compass SALE PRICE: $5,400,000 SF: 2,375 ~ PPSF: $2,274

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$288,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$19,185.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$25,598.75
Annual Debt Service$307,185.06