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1450 Stillwater Drive, Miam...

Updated Dec 21, 2023

Bilt advertisement
Compass Acquires SFR In Miami Beach For $5.7M With Shelly Northern Representing Buyers
SOLDSingle Family Residence

Compass Acquires SFR In Miami Beach For $5.7M With Shelly Northern Representing Buyers

1450 Stillwater Drive, Miami Beach, FL 33141

$5,700,000

$1,306/SF

Building Size

4,362 SF

Asset Type

Single Family Residence

Closing

Dec 15, 2021

About this deal

AI

1450 Stillwater Dr in Miami Beach was recently sold for $5,700,000. This single-family home spans 4,362 square feet, resulting in a price per square foot of $1,307.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $5,700,000
  • Address: 1450 Stillwater Dr, Miami Beach
  • Market: Miami Beach

Shelly Northern from Compass represented the lucky buyers in this off-market deal. Meanwhile, Danny Hertzberg and Hillary Hertzberg, from Jills Zeder Group - Coldwell Banker Realty, acted as the sellers' representatives.

The single family residence sale at 1450 Stillwater Drive, Miami Beach, FL 33141 in Miami Beach, Florida sold for $5.7M in 2021. The building is 4,362 square feet, implying about 1.3K per square foot on the published price. Shelly Northern, Hillary Hertzberg, Daniel (Danny) Hertzberg, Coldwell Banker appear on the sale alongside Coldwell Banker, Compass. This page is the Miami Beach, Florida file for the 1450 Stillwater Drive, Miami Beach, FL 33141 single family residence sold: pricing, party profiles, and other closed single family residence comps from the same Miami Beach sit in the Market section below. Filter that Miami Beach single family residence set by closing date to see what else sold near 1450 Stillwater Drive, Miami Beach, FL 33141 around 2021. Published consideration for 1450 Stillwater Drive, Miami Beach, FL 33141 is $5.7M, dated 2021. Cite this Compass Acquires SFR In Miami Beach For $5.7M With Shelly Northern Representing Buyers sale when underwriting similar single family residence product around Miami Beach, Florida.

Players

Daniel Hertzberg

Coldwell Banker

Broker

$1.7B

vol

69 deals

Broker

Miami Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $1.3K per square foot on a published $5.7M for 4,362 square feet (2021).

Visit Shelly Northern to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.78%

Cash-on-Cash

-0.80%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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