Eddie Irvine Acquires $10.5M Single Family Property On South Hibiscus Drive
24 South Hibiscus Drive, Miami Beach, FL, USA
$10,500,000
$2,280/SF
Building Size
4,604 SF
Asset Type
Single Family Residence
Closing
Apr 28, 2021
AI
This single-family property located at 24 South Hibiscus Drive in Miami Beach was recently sold in a transaction. The property spans 4,604 square feet and was sold for a price of $10,500,000, resulting in a price per square foot of $2,281.
Summary of transation details
- Property Type: Single Family
- Transaction Amount: $10,500,000
- Address: 24 South Hibiscus Drive, Miami Beach
- Market: Miami Beach
The buyer of this property was Eddie Irvine, while the seller was Astoria Holdings Limited, represented by Mariia Bakhtarova. Julian Johnston from The Corcoran Group acted as the buyer's representative in the transaction, and Albert Justo and Mirce Curkoski from One Sotheby's International Realty represented the seller.
Players
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.51%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93