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320 South Hibiscus Drive, M...

Kevin Segalla Acquires Miami Beach SFR From Ilya Karpov For $29.1M
SOLDSingle Family Residence

Kevin Segalla Acquires Miami Beach SFR From Ilya Karpov For $29.1M

320 South Hibiscus Drive, Miami Beach, Florida 33139, United States

$29,135,000

$3,641/SF

Building Size

8,000 SF

Asset Type

Single Family Residence

Closing

May 12, 2022

AI

A waterfront single-family residence located at 320 S Hibiscus Dr in Miami Beach has been sold for a total of $29,135,000. The property spans across 8,000 square feet, resulting in a price per square foot of $3,642. The transaction took place on May 13, 2022.

Summary of Transaction Details:

  • Property Type: SFR
  • Transaction Amount: $29,135,000
  • Address: 320 S Hibiscus Dr
  • Market: Miami Beach
  • Buyer: Kevin Segalla
  • Seller: Ilya Karpov

The deal was facilitated by the following brokers: Alejandro Diaz Bazan, Jill Hertzberg, and Jill Eber from The Jills Zeder Group Compass, as well as Marko Gojanovic from Sotheby's International Realty.

Players

Jill Eber

Coldwell Banker

Broker

$1.1B

vol

46 deals

Broker

Ilya Karpov

Seller

$92.6M

vol

4 deals

Seller

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

0.54%

Cash-on-Cash

-0.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93