facebook
Traded Co logo
Submit

Matt Crane & Nancy Batchelor Of Compass Represent Sale Of Miami Beach Single Family Home For $21M

Property Image
SOLD
$21,000,000
Matt Crane
Nancy Batchelor

Florida

See Similar Deals
Single Family Residence24,174 SF
Sold 10/30/2024
the dealplayerscompscontact
Property Image
SOLD

Matt Crane & Nancy Batchelor Of Compass Represent Sale Of Miami Beach Single Family Home For $21M

1601 North View Drive

See Similar Deals
Single Family Residence24,174 SF
Sold 10/30/2024
Matt Crane
Nancy Batchelor
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$868
Total Square Footage:24,174 SF
Transaction Type:Sale

The property involved in this transaction is a single-family home located at 1601 North View Drive in the Miami Beach market. The sale price was $21,000,000, with a total square footage of 3,061 and a price per square foot of $6,860.50.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $21,000,000
  • Address: 1601 North View Drive
  • Market: Miami Beach
  • Square Footage: 3,061
  • Price Per Square Foot: $6,860.50
  • Brokers: Matt Crane & Nancy Batchelor - Compass
  • Date of Sale: 10/30/2024

The deal was facilitated by brokers Matt Crane and Nancy Batchelor, who represent Compass in this transaction. Their involvement marks a significant role in the successful closing of the sale of this property.

Players

Nancy Batchelor
Compass
Nancy Batchelor
52 deals$355.5M volume(305) 903-2850
BROKER
Matt Crane
Compass
Matt Crane
5 deals$72.6M volume(305) 203-0000
BROKER

Details

SOLD
IMAGE: Matt Crane & Nancy Batchelor DATE: 10/30/2024 ADDRESS: 1601 North View Drive MARKET: Miami Beach ASSET TYPE: Single Family BROKERS: Matt Crane (@MattCranemiami) & Nancy Batchelor (@NancyBatchelorteam) - Compass (@Compass) SALE PRICE: $21,000,000 SF: 3,061 ~ PPSF: $6,860.50

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,120,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$74,608.56
Cash-on-Cash Return-1.27%
Monthly Debt Service$99,550.71
Annual Debt Service$1,194,608.56