Updated Oct 29, 2024
Alissa Pool Acquires SFR In Miami Beach For $5.5M With Brokers Dora Puig & Karen Reiter
320 West Rivo Alto Drive, Miami Beach, FL, USA
$5,500,000
$1,452/SF
Building Size
3,788 SF
Asset Type
Single Family Residence
Closing
Feb 11, 2020
About this deal
AI
A single-family residential property located at 320 West Rivo Alto Drive in Miami Beach has been sold for $5,500,000. The property spans 3,788 square feet, resulting in a price per square foot of $1,452.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $5,500,000
- Address: 320 West Rivo Alto Drive
- Market: Miami Beach
The buyer of the property is Alissa Pool, and the seller is Saumur LLC, represented by Robert D. Balick. The transaction was facilitated by Dora Puig of Luxe Living Realty and Karen Reiter of One Sotheby’s International Realty.
Players
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.5K per square foot on a published $5.5M for 3,788 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93