Matthew Pryor Acquires Single Family Home On Flamingo Dr In Miami Beach For $3.95M
2550 Flamingo Dr, Miami Beach, FL 33140, USA
$3,950,000
$1,050/SF
Building Size
3,762 SF
Asset Type
Single Family Residence
Closing
Apr 29, 2021
AI
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
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.02%
Cash-on-Cash
-1.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93