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Mario Carbone Acquires Single Family Property On Palm Avenue In Miami Beach For $4.25M

Property Image
SOLD
$4,250,000
Kaila Mardoyan
Nancy Batchelor
MC

Florida

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Single Family Residence3,422 SF
Sold 09/21/2022
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Property Image
SOLD

Mario Carbone Acquires Single Family Property On Palm Avenue In Miami Beach For $4.25M

275 Palm Avenue, Miami Beach, Florida 33139, United States

See Similar Deals
Single Family Residence3,422 SF
Sold 09/21/2022
Kaila Mardoyan
Nancy Batchelor
MC
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,242
Total Square Footage:3,422 SF
Transaction Type:Sale

A single-family property located at 275 Palm Avenue in Miami Beach has been sold for $4,250,000. The property spans 3,422 square feet, equating to a price per square foot of $1,242. Additionally, the lot size is 6,000 square feet, resulting in a price per lot square foot of $708.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $4,250,000
  • Square Footage: 3,422
  • Price per Square Foot: $1,242
  • Lot Size: 6,000 square feet
  • Price per Lot Square Foot: $708

The buyer of the property is Mario Carbone, representing Major Food Group. The seller, Jacqueline Rumpel and Gregory Rumpel, were represented by Nancy Batchelor from Compass. Mario Carbone's representative in the deal was Kaila Mardoyan from Douglas Elliman. The transaction took place on September 21, 2022.

Players

Nancy Batchelor
Compass
Nancy Batchelor
52 deals$355.5M volume(305) 903-2850
BROKER
Kaila Mardoyan
Douglas Elliman
Kaila Mardoyan
3 deals$32.3M volume(310) 384-3151
BROKER
MC
Mario Carbone
2 deals$4.3M volume
BUYER
JLL
JLL
SELLER
JLL
JLL
SELLER

Details

SOLD
IMAGE: Nancy Batchelor, Mario Carbone & Kaila Mardoyan DATE: 09/21/2022 ADDRESS: 275 Palm Avenue MARKET: Miami Beach ASSET TYPE: Single Family BUYER: Mario Carbone (@MarioCarbone) - Major Food Group (@MajorFoodGroup) SELLER: Jacqueline Rumpel; Gregory Rumpel - JLL’s Hotels & Hospitality Group (@JLL) BUYER'S REP: Kaila Mardoyan (@Kaila__M) - Douglas Elliman (@DouglasElliman) (@DouglasEllimanFlorida) SELLER'S REP: Nancy Batchelor (@NancyBatchelorTeam) - Compass (@Compass) (@CompassFl) SALE PRICE: $4,250,000 SF: 3,422 ~ PPSF: $1,242 LOT SF: 6,000 ~ PPLSF: $708

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Deal Type
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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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