facebook
Traded Co logo
Submit

Matthew Pryor Acquires Single Family Home On Flamingo Dr In Miami Beach For $3.95M

Property Image
SOLD
$3,950,000

Florida

See Similar Deals
Single Family Residence3,762 SF
Sold 04/30/2021
the dealplayerscompscontact
Property Image
SOLD

Matthew Pryor Acquires Single Family Home On Flamingo Dr In Miami Beach For $3.95M

2550 Flamingo Dr, Miami Beach, FL 33140, USA

See Similar Deals
Single Family Residence3,762 SF
Sold 04/30/2021
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,050
Total Square Footage:3,762 SF
Transaction Type:Sale

2550 Flamingo Dr, a single-family home located in Miami Beach, was recently sold in a closed transaction. The property was sold for $3,950,000 on 04/30/2021. The sale was facilitated by Nelson Gonzalez, who represented the seller, Frank Mauceri, and Carlo Dipasquale and Wendy Mendoza, who represented the buyer, Matthew Pryor. The transaction took place at the asking price of $3,950,000, with a total square footage of 3,762 and a price per square foot of $1,050.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $3,950,000
  • Market: Miami Beach
  • Address: 2550 Flamingo Dr
  • Buyer: Matthew Pryor
  • Seller: Frank Mauceri
  • Buyer's Representative: Carlo Dipasquale, Wendy Mendoza
  • Seller's Representative: Nelson Gonzalez

This elegantly remodeled property offers 4 bedrooms, 4.5 bathrooms, and a host of luxurious features. With its high-end European furniture and art deco design, this home boasts a stylish interior. Recent renovations have included the installation of impact glass windows, a Control4 system, new bathrooms, HVAC, and a modern chef's kitchen. The property also features a breakfast room, formal dining area, media room, office, sauna, and a lush backyard equipped with a saltwater pool, pizza oven, summer kitchen, and multiple patios for relaxation and entertainment. Situated just one block away from the beach, this home offers both luxury and convenience.

If you are interested in buying or selling a property, please don't hesitate to contact Carlo Dipasquale at [email protected] or by phone at 786.512.5094.

Players

Nelson Gonzalez
44 deals$761.2M volume
BROKER

Carlo Dipasquale
Compass
13 deals$96.6M volume
BROKER

Wendy Mendoza
4 deals$31M volume
BROKER

Details

SOLD
IMAGE: Nelson Gonzalez, Carlo Dipasquale & Wendy Mendoza DATE: 04/30/2021 ADDRESS: 2550 Flamingo Dr MARKET: Miami Beach ASSET TYPE: Single Family BUYER: Matthew Pryor SELLER: Frank Mauceri BUYER’S REP: Carlo Dipasquale, Wendy Mendoza SELLER’S REP: Nelson Gonzalez ASKING PRICE: $3,950,000 SALE PRICE: $3,950,000 SF: 3,762 ~ PPSF: $1,050 NOTE FROM BROKER: 𝐉𝐔𝐒𝐓 π’πŽπ‹πƒ | 2550 Flamingo Dr. 4bed | 4.5 bath $3,950,000 ππ”π˜π„π‘π’ π‘π„ππ‘π„π’π„ππ“π€π“πˆπŽπ. Carlo Dipasquale @carlodipasqualemiami & Wendy Mendoza @wmendoza . Exquisitely remodeled and furnished with high-end European furniture, this art deco gem on tranquil Flamingo Drive was sold turn key. Recently renovated with impact glass windows, Control4 system, new baths, new HVAC, and a modern chef’s kitchen, this luxe home offers ample living space, breakfast room, formal dining, media room, office, sauna, 4 bedrooms and 4.5 bathrooms. The lushly secluded backyard is equipped with a saltwater pool, pizza oven, summer kitchen, and patios for lounging. Perfectly located just one block away from the beach. β€’ To buy or sell your property contact us today Carlo Dipasquale @carlodipasqualemiami [email protected] tel:786.512.5094

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insightsβ€”delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$210,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$14,033.51
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,725.02
Annual Debt Service$224,700.18