David Hunt Solomon Acquires Single Family Home In Miami Beach For $3.4M With Berkshire Hathaway HomeServices
2880 Fairgreen Drive
$3,400,000
$937/SF
Building Size
3,626 SF
Asset Type
Single Family Residence
Closing
Sep 30, 2025
AI
A single-family home located at 2880 Fairgreen Drive in the Miami Beach market has been sold for $3,400,000. The property spans 3,626 square feet, with a price per square foot of $937.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $3,400,000
- Address: 2880 Fairgreen Drive
- Buyer: David Hunt Solomon
- Seller: Roch Nakajima
- Buyer's Representative: David Hunt Solomon & Jacqueline Oliva - Berkshire Hathaway HomeServices
- Seller's Representative: Dora Puig - Luxe Living Realty
David Hunt Solomon plans to transition the existing single-family home through a development process involving demolition, vacant land, and new construction. He collaborates with Solomon & Co and Touzet Studio to document the journey of this real estate project.
Players
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.67%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93