Updated Sep 9, 2024
Oren Alexander & Tal Alexander Acquire SFR In Miami Beach For $15.1M
247 East Rivo Alto Drive, Miami Beach, FL 33139, USA
$15,100,000
$2,805/SF
Building Size
5,382 SF
Asset Type
Single Family Residence
Closing
Nov 6, 2021
About this deal
AI
A single-family residence located at 247 E Rivo Alto Dr in Miami Beach has been sold for $15,100,000. The transaction took place on 11/06/2021.
Summary of transaction details:
- Property Type: Single-Family Residence
- Transaction Amount: $15,100,000
- Market: Miami Beach
Oren Alexander and Tal Alexander from Douglas Elliman represented the buyer in this deal, while Alejandro Diaz and Danny Hertzberg from Jills Zeder Group - Coldwell Banker Realty acted as the seller's representatives.
Please note that no additional information is available regarding the property or the transaction.
Players
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
1.05%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93