Donna Forlizzi Acquires $49.5M SFR On Star Island Drive In Miami Beach
22 E Star Island Dr, Miami Beach, FL 33139, USA
$49,500,000
$215/SF
Building Size
230,000 SF
Asset Type
Single Family Residence
Closing
Jul 26, 2020
AI
The property located at 22 Star Island Drive in Miami Beach has been sold in a closed transaction. The sale was finalized on 07/27/2020.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $49,500,000
- Square Footage: 23,000
- Price per Square Foot: $2,152
- Address: 22 Star Island Drive, Miami Beach
- Market: Miami Beach
The seller of the property was Twenty-Two Star Island LLC, while the buyer was Donna Forlizzi – Hopadrepo Trust. The deal was facilitated by brokers David Hunt Solomon and David Miller from BHHS EWM Realty.
If you are interested in buying or selling a property, you can contact David Hunt Solomon for assistance.
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
0.32%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93