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1821 W 24th St, Miami Beach...

Updated Dec 21, 2023

Jannetti David Acquires Single Family Property In Miami Beach For $11.5M
SOLDSingle Family Residence

Jannetti David Acquires Single Family Property In Miami Beach For $11.5M

1821 W 24th St, Miami Beach, FL 33140, USA

$7,250,000

$124/SF

Building Size

58,320 SF

Asset Type

Single Family Residence

Closing

Jul 26, 2020

About this deal

AI

The single family property located at 1775 W 24th St in Miami Beach, FL has been sold. The transaction took place on February 24, 2022. The property spans 3,623 square feet and was sold for a price of $11,500,000, resulting in a price per square foot of $3,174.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $11,500,000
  • Buyer: Jannetti David
  • Seller: Bruce J Smoler

In this transaction, Jannetti David acted as the buyer, while Bruce J Smoler served as the seller. The deal was successfully completed, marking the transfer of ownership for the property.

Players

Jannetti David

Buyer

$18.8M

vol

2 deals

Buyer

Miami Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

Jannetti David bought a home in Miami Beach for $7.3M in 2020. The full closing is on this page.

About $124 per square foot on a published $7.3M for 58,320 square feet (2020).

Visit Jannetti David to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.19%

Cash-on-Cash

-0.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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