Updated Oct 28, 2024
Kenneth Lerer's Lerer Hippeau Sells Miami Beach Single Family To Douglas Elliman's Dina Goldentayer For $25M
33 East Dilido Drive, Miami Beach, FL, USA
$25,000,000
$2,394/SF
Building Size
10,439 SF
Asset Type
Single Family Residence
Closing
Apr 7, 2021
About this deal
AI
The single family property located at 33 East Dilido Drive in Miami Beach has been sold. The transaction took place on 04/08/2021.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $25,000,000
- Square Footage: 10,439
- Price Per Square Foot: $2,395
- Address: 33 East Dilido Drive, Miami Beach
- Seller: Kenneth Lerer - Lerer Hippeau
- Broker: Dina Goldentayer - Douglas Elliman
The property, spanning over 10,439 square feet, was sold for a total price of $25,000,000 at a price per square foot of $2,395. Kenneth Lerer, representing Lerer Hippeau, acted as the seller in the transaction. Dina Goldentayer, from Douglas Elliman, served as the broker.
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $2.4K per square foot on a published $25M for 10,439 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.63%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93