facebook
Traded Co logo
Submit

Christopher Coudron & Benjamin Ling Acquire Miami Beach SFR For $29.5M

Property Image
SOLD
$29,500,000
Jeffrey Miller
Mathieu Rochette
Liz Hogan
+ 1

Florida

See Similar Deals
Single Family Residence11,058 SF
Sold 08/25/2021
the dealplayerscompscontact
Property Image
SOLD

Christopher Coudron & Benjamin Ling Acquire Miami Beach SFR For $29.5M

135 Palm Avenue, Miami Beach, FL 33139, USA

See Similar Deals
Single Family Residence11,058 SF
Sold 08/25/2021
Jeffrey Miller
Mathieu Rochette
Liz Hogan
+ 1
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$2,667
Total Square Footage:11,058 SF
Transaction Type:Sale

A single-family home located at 135 Palm Ave in Miami Beach has been sold for a total price of $29,500,000. The property spans approximately 11,058 square feet, resulting in a price per square foot of $2,667. The transaction took place on August 25, 2021.

Summary of transaction details:

  • Property Type: Single-Family Home
  • Transaction Amount: $29,500,000
  • Address: 135 Palm Ave, Miami Beach
  • Market: Miami Beach

The buyers of the property are Christopher Coudron and Benjamin Ling, while the seller is Pascal Nicolai from Sabal Development. Liz Hogan from Compass represented the buyers, and Mathieu Rochette from Compass and Jeffrey Miller from One Sotheby's represented the seller in the transaction.

Please note that no additional information is available about the property or the individuals involved in the deal.

Players

Liz Hogan
Compass
Liz Hogan
33 deals$522M volume(305) 804-9700
BROKER
Mathieu Rochette
Compass
Mathieu Rochette
6 deals$66.9M volume
BROKER
Jeffrey Miller
Sotheby's International Realty
Jeffrey Miller
8 deals$99.7M volume
BROKER
Pascal Nicolai
Pascal Nicolai
10 deals$145.9M volume
SELLER

Details

SOLD
IMAGE: Liz Hogan, Jeffrey Miller & Mathieu Rochette DATE: 08/25/2021 ADDRESS: 135 Palm Ave MARKET: Miami Beach ASSET TYPE: SFR BUYER: Christopher Coudron & Benjamin Ling SELLER: Pascal Nicolai - Sabal Development BUYER'S REP: Liz Hogan (@LizHoganRealtor) - Compass SELLER'S REP: Mathieu Rochette (@MattRochette) - Compass; Jeffrey Miller - One Sotheby's SALE PRICE: $29,500,000 SF: 11,058 ~ PPSF: 2,667

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,573,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$104,807.28
Cash-on-Cash Return-1.27%
Monthly Debt Service$139,845.05
Annual Debt Service$1,678,140.60