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Shalini Radha Acquires Miami Beach SFR For $20.5M

Property Image
SOLD
$20,500,000

Florida

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Single Family Residence6,096 SF
Sold 05/16/2022
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Property Image
SOLD

Shalini Radha Acquires Miami Beach SFR For $20.5M

1365 North View Drive, Miami Beach, Florida 33140, United States

See Similar Deals
Single Family Residence6,096 SF
Sold 05/16/2022
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$3,362
Total Square Footage:6,096 SF
Transaction Type:Sale

A single-family residence located at 1365 N View Dr in Miami Beach has been sold in a recent transaction. The property was sold for a sale price of $20,500,000, slightly lower than the initial asking price of $21,500,000. With a total area of 6,096 square feet, the property has a price per square foot of $3,363.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $20,500,000
  • Address: 1365 N View Dr, Miami Beach
  • Market: Miami Beach

The buyer of the property is Shalini Radha who acquired the residence through the assistance of the brokers Alejandro Diaz Bazan, Jill Hertzberg, and Jill Eber from The Jill Zeder Group at Coldwell Banker.

Players

Jill Eber
45 deals$1.1B volume
BROKER

Jill Hertzberg
Coldwell Banker
90 deals$2.4B volume
BROKER

Alejandro Diaz-Bazan
Coldwell Banker
20 deals$368.5M volume(305) 431-9565
BROKER

Details

SOLD
IMAGE: Jill Hertzberg, Alejandro Diaz Bazan & Jill Eber DATE: 05/16/2022 ADDRESS: 1365 N View Dr MARKET: Miami Beach ASSET TYPE: SFR BUYER: Shalini Radha BROKERS: Alejandro Diaz Bazan (@AlejandroDiazBazan), Jill Hertzberg & Jill Eber - The Jill Zeder Group (@JillsZederBeach) Coldwell Banker ASKING PRICE: $21,500,000 SALE PRICE: $20,500,000 SF: 6,096 ~ PPSF: $3,363

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Deal Type
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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$72,832.18
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