Updated Dec 4, 2024
Paul Casey Acquires Single Family Home From Keyser Soze In Miami Beach
247 East Rivo Alto Drive
$15,200,000
$2,872/SF
Building Size
5,292 SF
Asset Type
Single Family Residence
Closing
Jun 5, 2024
About this deal
AI
The single-family property located at 247 East Rivo Alto Drive in Miami Beach was sold for $15,200,000. The property spans 5,292 square feet, resulting in a price per square foot of $2,872.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $15,200,000
- Buyer: Paul Casey
- Seller: Keyser Soze
- Seller's Representative: Jackson Keddell, Douglas Elliman
- Buyer's Representative: Stephanie Andron, Insignia Properties Int.
Stephanie Andron from Insignia Properties Int. represented the buyer, Paul Casey, in this real estate transaction, while Jackson Keddell from Douglas Elliman represented the seller, Keyser Soze.
On the Map
$15,200,000
$2,872/SF
Single Family Residence
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Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $2.9K per square foot on a published $15.2M for 5,292 square feet (2024).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.04%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93