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
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