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1515 West 22nd Street, Hial...

Jamie & Brad Miller Acquire Sunset Islands SFR In Miami Beach For $6.2M
SOLDSingle Family Residence

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

Julian Johnston

The Corcoran Group

Broker

$777.3M

vol

55 deals

Broker

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