Updated Oct 13, 2026
Patrick Dovigi Of Dovfam Acquires Single Family Home In Miami Beach For $15M
1601 West 24th Street
$15,000,000
Building Size
—
Asset Type
Single Family Residence
Closing
Sep 21, 2025
About this deal
AI
The property asset involved in the transaction is a single-family home located at 1601 West 24th Street in Miami Beach. The sale price of the property was $15,000,000.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $15,000,000
- Buyer: Patrick Dovigi - Dovfam
- Broker: Isaac Lustgarten - The Corcoran Group
This transaction showcases the involvement of key individuals in the real estate market, particularly Patrick Dovigi representing Dovfam as the buyer and Isaac Lustgarten acting as the broker from The Corcoran Group, facilitating the deal.
On the Map
$15,000,000
Single Family Residence
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Players
Miami Beach 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
1.06%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93