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23 Tahiti Beach Island Rd, ...

Ania & Ivan A Herrera Acquire SFR At 23 Tahiti Beach Island Rd For $16M
SOLDSingle Family Residence

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

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

Ivan A. Herrera

Univista Insurance

Broker

$105.6M

vol

7 deals

Broker
Ivan A. Herrera

Ivan A. Herrera

Univista Insurance

Buyer

$105.6M

vol

7 deals

Buyer

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