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3435 Royal Palm Avenue

Udo & Cornelia Heckenbach Sell Single Family Home In Miami Beach For $2.15M With Representatives
SOLDSingle Family Residence

Udo & Cornelia Heckenbach Sell Single Family Home In Miami Beach For $2.15M With Representatives

3435 Royal Palm Avenue

$2,154,200

$1,328/SF

Building Size

1,622 SF

Asset Type

Single Family Residence

Closing

Nov 24, 2025

AI

The property asset involved in this transaction is a single-family home located at 3435 Royal Palm Avenue in the Miami Beach market. The sale price was $2,154,200, with a total square footage of 1,622 and a price per square foot of $1,328.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $2,154,200
  • Address: 3435 Royal Palm Avenue
  • Market: Miami Beach
  • Square Footage: 1,622
  • Price per Square Foot: $1,328
  • Seller: Udo & Cornelia Heckenbach
  • Buyer's Representative: David Hunt Solomon & Jacqueline Oliva - Berkshire Hathaway HomeServices
  • Seller's Representative: Audrey Ross - Compass
  • Attorney: Lauren Morales - The Elias Law Firm

This transaction involved key figures including the seller Udo & Cornelia Heckenbach, who progressed with the sale, and their representatives engaged in the deal, including Audrey Ross representing the sellers and David Hunt Solomon along with Jacqueline Oliva as representatives for the buyers.

Players

David Hunt Solomon

Coldwell Banker

Broker

$186.9M

vol

29 deals

Broker

Miami Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.36%

Cash-on-Cash

-2.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93