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1350 West 29th Street

Edmond H. Leidesdorf & Robin Leidesdorf Sell Single Family Home In Miami Beach For $26.8M
SOLDSingle Family Residence

Edmond H. Leidesdorf & Robin Leidesdorf Sell Single Family Home In Miami Beach For $26.8M

1350 West 29th Street

$26,800,000

$1,068/SF

Building Size

25,085 SF

Asset Type

Single Family Residence

Closing

Feb 21, 2025

AI

This single-family asset, located at 1350 West 29th Street in the Miami Beach market, has a total living area of 25,085 square feet and was sold for $26,800,000. The price per square foot for the property is $1,068.

Summary of transaction details:

The transaction involved key individuals representing both the seller and the buyer. George Burns from One Sotheby’s International Realty acted as the buyer's representative, while the seller was represented by a team from One Sotheby’s International Realty, including Mirce Curkoski, Albert Justo, and Michael Leduc.

Players

Albert Justo

Sotheby's International Realty

Broker

$309.3M

vol

18 deals

Broker

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

0.59%

Cash-on-Cash

-0.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93