Christopher Paciello Acquires SFR In Miami Beach For $9.27M
1400 West 23rd Street, Miami Beach, Florida 33140, United States
$9,275,000
$1,019/SF
Building Size
9,095 SF
Asset Type
Single Family Residence
Closing
Mar 14, 2022
AI
The sale of a Single-Family Residence (SFR) located at 1400 West 23rd Street in Miami Beach has been completed. The property, with a total area of 7,069 square feet, was sold by David Dewitt to Christopher Paciello for a transaction amount of $9,275,000. This translates to a price per square foot of $1,312. The sale was facilitated by David Pullman from ONE Sotheby's International Realty.
Summary of Transaction Details:
- Property Type: SFR
- Transaction Amount: $9,275,000
- Address: 1400 West 23rd Street
- Market: Miami Beach
- Buyer: Christopher Paciello
- Seller: David Dewitt
- Broker: David Pullman - ONE Sotheby's International Realty
- Square Footage: 7,069
- Price per Square Foot: $1,312
Christopher Paciello has acquired the SFR located at 1400 West 23rd Street in Miami Beach, previously owned by David Dewitt. The successful completion of this transaction highlights the expertise of David Pullman from ONE Sotheby's International Realty, who represented both the buyer and the seller in this deal.
Players
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.71%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93