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247 East Rivo Alto Drive

Paul Casey Acquires Single Family Home From Keyser Soze In Miami Beach
SOLDSingle Family Residence

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

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:

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.

Players

Jackson Keddell

Douglas Elliman

Broker

$99.5M

vol

16 deals

Broker

Miami Beach 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

1.04%

Cash-on-Cash

-0.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93