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1351 Stillwater Drive

Jean-Marc Germain & Florence Germain Purchase Single Family Home In Miami Beach For $7.5M
SOLDSingle Family Residence

Jean-Marc Germain & Florence Germain Purchase Single Family Home In Miami Beach For $7.5M

1351 Stillwater Drive

$7,500,000

$2,090/SF

Building Size

3,587 SF

Asset Type

Single Family Residence

Closing

Jun 8, 2026

AI

The property asset involved in the recent transaction is a single-family home located at 1351 Stillwater Drive in the Miami Beach market. The property sold for $7,500,000, featuring a square footage of 3,587, which results in a price per square foot of $2,090.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $7,500,000
  • Address: 1351 Stillwater Drive
  • Market: Miami Beach
  • Square Footage: 3,587
  • Price per Square Foot: $2,090
  • Buyer: Jean-Marc Germain & Florence Germain
  • Seller: Mahyar Barin
  • Seller's Representative: Liz Hogan & Dylan Srebnick - Compass

The deal was facilitated by the seller's representatives, Liz Hogan and Dylan Srebnick, who are associated with Compass, demonstrating their role in representing the seller, Mahyar Barin, in this transaction.

Players

Liz Hogan

Compass

Broker

$537.9M

vol

35 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

2.12%

Cash-on-Cash

-0.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93