Updated Dec 20, 2023
Miami Beach SFR Sells For $3.6M With Seller's Rep Mark Chatburn & Buyer's Rep Ethan Pickett
321 W Rivo Alto Dr, Miami Beach, FL 33139, USA
$3,600,000
$94/SF
Building Size
38,260 SF
Asset Type
Single Family Residence
Closing
Jul 23, 2020
About this deal
AI
The property at 321 West Rivo Alto Drive in Miami Beach has been sold for $3,600,000. This single-family residential (SFR) property spans across 3,826 square feet, resulting in a price per square foot (PPSF) of $941.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $3,600,000
- SF: 3,826
- PPSF: $941
- Seller's Representative: Mark Chatburn - Park Lane Realty LLC
- Buyer's Representative: Ethan Pickett - Douglas Elliman
Mark Chatburn, representing Park Lane Realty LLC, acted as the seller's representative in this transaction. Ethan Pickett, from Douglas Elliman, represented the buyer.
Players
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
About $94 per square foot on a published $3.6M for 38,260 square feet (2020).
Browse Florida single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.41%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93