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1365 North View Drive, Miam...

Shalini Radha Acquires Miami Beach SFR For $20.5M
SOLDSingle Family Residence

Shalini Radha Acquires Miami Beach SFR For $20.5M

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

$20,500,000

$3,362/SF

Building Size

6,096 SF

Asset Type

Single Family Residence

Closing

May 15, 2022

AI

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

Coldwell Banker

Broker

$1.1B

vol

46 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

0.77%

Cash-on-Cash

-0.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93