Jamie & Brad Miller Acquire Sunset Islands SFR In Miami Beach For $6.2M
1515 West 22nd Street, Hialeah, FL, USA
$6,200,000
$2,051/SF
Building Size
3,022 SF
Asset Type
Single Family Residence
Closing
Apr 8, 2020
AI
Located in the Sunset Islands area of Miami Beach, a stunning single-family residence at 1515 West 22nd Street recently changed hands in a closed transaction. The property spans across a total of 3,022 square feet, offering ample space for the new owners. The deal was brokered by Julian Johnston of Corcoran Group, representing the sellers, Jacqueline Lalonde and Krista Kelley, and the buyer's representative, Esther Percal of Berkshire Hathaway HomeServices EWM Realty International.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $6,200,000
- Square Feet: 3,022
- Price per Square Foot: $2,051
- Deal Date: 04/09/2020
- Market: Sunset Islands, Miami Beach
The buyers of the property are Jamie and Brad Miller, who are now the proud owners of this stunning single-family residence. The sellers, Jacqueline Lalonde and Krista Kelley, have entrusted the sale of their property to Julian Johnston, a reputable agent from Corcoran Group. On the other side, Esther Percal from Berkshire Hathaway HomeServices EWM Realty International represented the buyers, facilitating a successful transaction.
Players
Hialeah 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
2.56%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93