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Christian Iacovelli Acquires SFR In Miami Beach From Nicky Jam For $3.1M

Property Image
SOLD
$3,100,000
Alexa Iacovelli

Florida

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Single Family Residence3,617 SF
Sold 02/03/2021
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Property Image
SOLD

Christian Iacovelli Acquires SFR In Miami Beach From Nicky Jam For $3.1M

240 Palm Avenue, Miami Beach, FL, USA

See Similar Deals
Single Family Residence3,617 SF
Sold 02/03/2021
Alexa Iacovelli
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$857
Total Square Footage:3,617 SF
Transaction Type:Sale

The recently closed property transaction in Miami Beach involved the sale of a Single Family Residence (SFR) located at 240 Palm Ave. The property spans approximately 3,617 square feet and is situated in the vibrant Miami Beach market.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $3,100,000
  • Address: 240 Palm Ave
  • Market: Miami Beach

Christian Iacovelli acquired the property from Nicky Jam. Alexa Iacovelli represented the buyer, whereas Tony Rodriguez-Tellaheche served as the seller's representative in the deal.

The transaction was completed on February 3, 2021. The property was initially listed for sale with an asking price of $3,300,000. However, it was sold for a final price of $3,100,000, indicating a significant negotiation from the initial listing price. The price per square foot (PPSF) for this transaction comes out to be $857.

Players

5 deals$27.7M volume
BROKER

Alexa Iacovelli
3 deals$50.9M volume
BROKER

Details

SOLD
IMAGE: Alexa Lacovelli, Nicky Jam, & Tony Rodriguez-Tellaheche DATE: 02/03/2021 ADDRESS: 240 Palm Ave MARKET: Miami Beach ASSET TYPE: SFR BUYER: Christian Iacovelli SELLER: Nicky Jam (@NickyJam) BUYER'S REP: Alexa Iacovelli (@AlexaEveIacovelli) SELLER'S REP: Tony Rodriguez-Tellaheche (@Prestige_Tony) ASKING PRICE: $3,300,000 SALE PRICE: $3,100,000 SF: 3,617~ PPSF: $857

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