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Berkshire Hathaway Acquires Miami Beach Single Family Home For $15.5M

Property Image
SOLD
$15,500,000
Carolina Lara
Nelson Gonzalez

Florida

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Single Family Residence5,884 SF
Sold 10/07/2022
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Property Image
SOLD

Berkshire Hathaway Acquires Miami Beach Single Family Home For $15.5M

2608 Biarritz Drive, Miami Beach, Florida 33141, United States

See Similar Deals
Single Family Residence5,884 SF
Sold 10/07/2022
Carolina Lara
Nelson Gonzalez
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$2,634
Total Square Footage:5,884 SF
Transaction Type:Sale

The single-family property located at 2608 Biarritz Drive in Miami Beach has been sold for a price of $15,500,000. The property spans approximately 0.3 acres and offers a total of 5,884 square feet of living space. With a price per square foot of $2,634, this transaction showcases the high value of the property.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $15,500,000
  • Address: 2608 Biarritz Drive, Miami Beach
  • Market: Miami Beach
  • Acres: 0.3

Nelson Gonzalez of Berkshire Hathaway HomeServices EWM represented the seller, Cedeno Camacho of Atrio Insurance Group, during this transaction. The buyer was represented by Carolina Lara of One Sotheby’s International Realty. This team of experienced professionals played key roles in facilitating the sale.

Players

Nelson Gonzalez
Berkshire Hathaway HomeServices
Nelson Gonzalez
44 deals$761.2M volume
BROKER
Carolina Lara
Sotheby's International Realty
Carolina Lara
4 deals$43.1M volume
BROKER

Details

SOLD
IMAGE: Nelson Gonzalez, Cedeno Camacho & Carolina Lara DATE: 10/07/2022 ADDRESS: 2608 Biarritz Drive MARKET: Miami Beach ASSET TYPE: Single Family ~ ACRES: 0.3 SELLER: Cedeno Camacho - Atrio Insurance Group BUYER'S REP: Carolina Lara (@CarolinaBLara) - One Sotheby’s International Realty (@ONESIR) SELLER'S REP: Nelson Gonzalez (@NelsonGonzalezMiami) - Berkshire Hathaway HomeServices EWM (@EWMRealty) SALE PRICE: $15,500,000 SF: 5,884 ~ PPSF: $2,634

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$55,068.22
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