One Sotheby's International Realty Represents Both Buyer And Seller In $11.5M Miami Beach SFR Sale
1775 West 24th Street
$11,500,000
$3,546/SF
Building Size
3,243 SF
Asset Type
Single Family Residence
Closing
Feb 22, 2022
AI
The recently closed property transaction in Miami Beach involved a Single Family Residence (SFR) located at 1775 W 24th St. This property spans across a total area of 3,243 square feet, with a lot size of 13,125 square feet. The transaction took place on 02/22/2022, and the property was sold for $11,500,000, resulting in a price per square foot of $3,546.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $11,500,000
- Address: 1775 W 24th St
- Market: Miami Beach
- Square Footage: 3,243
- Price per Square Foot: $3,546
- Lot Size: 13,125 square feet
The buyer's representatives in this deal were Mallory McGuire and Mirce Curkoski of One Sotheby's International Realty. On the other hand, Jacqueline Groll and Albert Justo, also from One Sotheby's International Realty, represented the seller's side.
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
1.38%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93