Oren Alexander Sells Miami Beach SFR To Buyer's Rep Nancy Batchelor- Compass
3541 Flamingo Dr Miami Beach, FL 33140, USA
$27,500,000
$2,677/SF
Building Size
10,271 SF
Asset Type
Single Family Residence
Closing
May 31, 2023
AI
The property involved in this transaction is a single-family residence located at 3541 Flamingo Drive in Miami Beach. The property spans 10,271 square feet and was sold for a total of $27,500,000, resulting in a price per square foot of $2,677.
Summary of transaction details
- Property Type: Single-Family Residence
- Transaction Amount: $27,500,000
- Address: 3541 Flamingo Drive
- Market: Miami Beach
The seller of the property is Oren Alexander. Oren Alexander & Tal Alexander represented the seller in this transaction. On the buyer's side, Nancy Batchelor from Compass acted as the buyer's representative.
Players
Miami 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
0.58%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93