Jason Wright's Accenture Acquires SFR In Miami Beach For $18.5M
SOLD
$18,500,000
Florida
See Similar DealsSingle Family Residence8,274 SF
Sold 01/25/2021
SOLD
Jason Wright's Accenture Acquires SFR In Miami Beach For $18.5M
1420 West 23rd Street, Miami Beach, FL, USA
See Similar DealsSingle Family Residence8,274 SF
Sold 01/25/2021
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$2,235
Total Square Footage:8,274 SF
Transaction Type:Sale
Located at 1420 W. 23rd Street in Miami Beach, this single-family home was recently sold in a closed transaction. The property spans 8,274 square feet and was sold for a total price of $18,500,000, resulting in a price per square foot of $2,236. The transaction took place on January 25, 2021.
Summary of Transaction Details
- Property Type: SFR
- Transaction Amount: $18,500,000
- Market: Miami Beach
The buyer of the property was Jason Wright, representing Accenture. Todd Michael Glaser and Rony Seikaly served as the sellers. Ana Teresa Rodriguez from Coldwell Banker represented the buyer, while Nelson Gonzalez from Berkshire Hathaway HomeServices EWM Realty represented the sellers in this transaction.
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$986,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$65,726.60
Cash-on-Cash Return-1.27%
Monthly Debt Service$87,699.44
Annual Debt Service$1,052,393.26
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