Philippe Harari Acquires Single Family Home In Miami Beach For $14.5M
SOLD
$14,527,500
Florida
See Similar DealsSingle Family Residence4,097 SF
Sold 05/05/22
SOLD
Philippe Harari Acquires Single Family Home In Miami Beach For $14.5M
205 North Hibiscus Drive, Miami Beach, Florida 33139, United States
See Similar DealsSingle Family Residence4,097 SF
Sold 05/05/22
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$3,545
Total Square Footage:4,097 SF
Transaction Type:Sale
The single-family property located at 205 N Hibiscus Dr in Miami Beach, FL has been sold. The transaction took place on 05/06/22.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $14,527,500
- Square Footage: 4,097
- Price per Square Foot: $3,546
- Address: 205 N Hibiscus Dr, Miami Beach, FL
- Market: Miami Beach, FL
The buyer of the property is Philippe Harari, while the seller is Young J. Kim.
There is no additional information available about the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$774,799.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$51,613.15
Cash-on-Cash Return-1.27%
Monthly Debt Service$68,867.76
Annual Debt Service$826,413.14
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