Updated Oct 29, 2024
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
About this deal
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
Loading comparables…
Deal FAQ
About $215 per square foot on a published $49.5M for 230,000 square feet (2020).
Visit David Hunt Solomon to view all their deals.
Browse Florida single family residence sales on Traded.
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