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:
- Property Type: Single Family
- Transaction Amount: $26,800,000
- Address: 1350 West 29th Street
- Market: Miami Beach
- Square Feet: 25,085
- Price per Square Foot: $1,068
- Seller: Edmond H. Leidesdorf & Robin Leidesdorf
- Buyer's Representative: George Burns - One Sotheby’s International Realty
- Seller's Representatives: Mirce Curkoski, Albert Justo & Michael Leduc - One Sotheby’s International Realty
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
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