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Maurice Boschetti Of Boschetti Realty Group, LLC Sells Miami Beach SFR For $16.75M

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SOLD
$16,750,000

Florida

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Single Family Residence7,155 SF
Sold 09/08/2021
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Property Image
SOLD

Maurice Boschetti Of Boschetti Realty Group, LLC Sells Miami Beach SFR For $16.75M

224 South Hibiscus Drive, Miami Beach, FL 33139, USA

See Similar Deals
Single Family Residence7,155 SF
Sold 09/08/2021
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$2,341
Total Square Footage:7,155 SF
Transaction Type:Sale

Located at 224 S Hibiscus Dr in Miami Beach, this single-family residential property (SFR) was recently sold on September 8, 2021. The property, spanning across 7,155 square feet, boasts a selling price of $16,750,000, resulting in a price per square foot (PPSF) of $2,341. The transaction was facilitated by Maurice Boschetti from Boschetti Realty Group, LLC, who represented the seller.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $16,750,000
  • Address: 224 S Hibiscus Dr
  • Market: Miami Beach
  • Square Footage: 7,155

Maurice Boschetti, who served as the seller's representative in this deal, played an integral role in ensuring a successful transaction. His expertise and professionalism from Boschetti Realty Group, LLC contributed to the sale of this remarkable property.

Players

BROKERAGE

Details

SOLD
IMAGE: Maurice Boschetti DATE: 09/08/2021 ADDRESS: 224 S Hibiscus Dr MARKET: Miami Beach ASSET TYPE: SFR SELLER'S REP: Maurice Boschetti - Boschetti Realty Group, LLC ASKING PRICE: $20,900,000 SALE PRICE: $16,750,000 SF: 7,155 ~ PPSF: $2,341

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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