Updated Dec 19, 2023
Ania & Ivan A Herrera Acquire SFR At 23 Tahiti Beach Island Rd For $16M
23 Tahiti Beach Island Rd, Miami, FL 33143, USA
$16,000,000
$838/SF
Building Size
19,086 SF
Asset Type
Single Family Residence
Closing
May 3, 2020
About this deal
AI
The property at 23 Tahiti Beach Island Rd in Tahiti has been sold in a closed transaction. The single-family residential (SFR) property was purchased by Ania & Ivan A Herrera from the seller Jose E Souto for a price of $16,000,000. The property spans an area of 19,086 square feet, resulting in a price per square foot of $838.
Summary of transaction details
- Property Type: Single-Family Residential (SFR)
- Transaction Amount: $16,000,000
- Address: 23 Tahiti Beach Island Rd
- Market: Tahiti
Ania & Ivan A Herrera are the buyers of the property, while Jose E Souto is the seller. The transaction highlights the involvement of these key individuals in the deal.
Players
Miami 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
0.99%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93