Updated Oct 25, 2024
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
About this deal
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.
On the Map
$29,135,000
$3,641/SF
Single Family Residence
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Players
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $3.6K per square foot on a published $29.1M for 8,000 square feet (2022).
Visit Marko Gojanovic to view all their deals.
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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