facebook
Traded Co logo
Submit

Oren Alexander Sells Miami Beach SFR For $27.5M With Buyer's Rep Nancy Batchelor & Michelle Shurtleff - Compass

Property Image
SOLD
$27,500,000
Michelle Shurtleff
Tal Alexander
Nancy Batchelor
+ 1

Florida

See Similar Deals
Single Family Residence11,500 SF
Sold 05/31/2023
the dealplayerscompscontact
Property Image
SOLD

Oren Alexander Sells Miami Beach SFR For $27.5M With Buyer's Rep Nancy Batchelor & Michelle Shurtleff - Compass

3541 Flamingo Dr Miami Beach, FL 33140, USA

See Similar Deals
Single Family Residence11,500 SF
Sold 05/31/2023
Michelle Shurtleff
Tal Alexander
Nancy Batchelor
+ 1
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$2,391
Total Square Footage:11,500 SF
Transaction Type:Sale

The property involved in the transaction is a single-family residence located at 3541 Flamingo Drive in Miami Beach. It was sold for a total of $27,500,000. The property spans 11,500 square feet, resulting in a price per square foot of $2,391.

Summary of transaction details

  • Property Type: Single-Family Residence
  • Transaction Amount: $27,500,000
  • Address: 3541 Flamingo Drive, Miami Beach
  • Market: Miami Beach

The seller of the property was Oren Alexander. Representing the buyer was Nancy Batchelor and Michelle Shurtleff from Compass. Oren Alexander and Tal Alexander from Official acted as the seller's representatives in the deal.

Players

Nancy Batchelor
Compass
Nancy Batchelor
52 deals$355.5M volume(305) 903-2850
BROKER
Oren Alexander
Official
Oren Alexander
106 deals$2B volume(305) 610-4559
BROKER
Tal Alexander
Official
Tal Alexander
83 deals$1.8B volume(212) 951-0071
BROKER
Michelle Shurtleff
Compass
Michelle Shurtleff
5 deals$62.4M volume
BROKER

Details

SOLD
IMAGE: Nancy Batchelor & Michelle Shurtleff DATE: 05/31/2023 ADDRESS: 3541 Flamingo Drive MARKET: Miami Beach ASSET TYPE: SFR SELLER: Oren Alexander BUYER'S REP: Nancy Batchelor (@Nancybatchelorteam) & Michelle Shurtleff (@MichelleShurtleffSellsMiami) - Compass (@Compass) (@CompassFl) SELLER'S REP: Oren Alexander (@OrenAlexander) & Tal Alexander (@TalAlexander) - Official SALE PRICE: $27,500,000 SF: 11,500 ~ PPSF: $2,391

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,466,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$97,701.70
Cash-on-Cash Return-1.27%
Monthly Debt Service$130,364.03
Annual Debt Service$1,564,368.36