Andrew Teo & Tatiana Arteaga Teo Acquire 8,800-SF Lighthouse Point Mansion For $9.5M
2388 NE 30th Ct Lighthouse Point, FL 33064, USA
$9,500,000
$1,079/SF
Building Size
8,800 SF
Asset Type
Single Family Residence
Closing
Jul 31, 2023
AI
The Lighthouse Point mansion located at 2388 Northeast 30 Court has been sold for $9.5 million. The property, spanning 0.6 acres, features a total of 8,800 square feet of living space. It boasts eight bedrooms, seven bathrooms, three half-bathrooms, and an impressive 400 feet of waterfront. Situated in the market of Lighthouse Point, this mansion offers a luxurious and spacious living experience.
Summary of transaction details
- Property Type: Single-Family Residence (SFR)
- Sale Price: $9,500,000
- Square Footage: 8,800
- Price Per Square Foot: $1,080
- Address: 2388 Northeast 30 Court
- Market: Lighthouse Point
The buyers of this magnificent property are Andrew Teo and Tatiana Arteaga Teo. On the other hand, Dr. Armin Oskuei, a renowned Ortho Sport & Spine Physicians practitioner, is the seller. The transaction was facilitated by the esteemed brokers Senada Adzem and Tinka Ellington of Douglas Elliman. These individuals played significant roles in bringing the deal to fruition.
It's worth noting that Dr. Armin Oskuei achieved a successful sale, as the property exchanged hands for a substantial sum. This transaction showcases the appeal and desirability of the Lighthouse Point mansion, with its ample living space, waterfront access, and elegant design.
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
1.67%
Cash-on-Cash
-0.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93