Updated Oct 28, 2024
Berkshire Hathaway Acquires Miami Beach Single Family Home For $15.5M
2608 Biarritz Drive, Miami Beach, Florida 33141, United States
$15,500,000
$2,634/SF
Building Size
5,884 SF
Asset Type
Single Family Residence
Closing
Oct 6, 2022
About this deal
AI
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.
On the Map
$15,500,000
$2,634/SF
Single Family Residence
View full map
Players
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
About $2.6K per square foot on a published $15.5M for 5,884 square feet (2022).
Visit Carolina Lara to view all their deals.
Browse Florida single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.02%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93