Miami Beach SFR Sold For $16M With Buyer's Rep Devin Kay & Seller's Rep Katrina Campins & Trinette Zarran
360 South Hibiscus Drive, Miami Beach, Florida 33139, United States
$16,000,000
$3,626/SF
Building Size
4,412 SF
Asset Type
Single Family Residence
Closing
Feb 10, 2022
AI
A single-family residence located at 360 S. Hibiscus Drive in Miami Beach has been sold for $16,000,000. The property spans 4,412 square feet and was sold for a price per square foot of $3,626.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $16,000,000
- Address: 360 S. Hibiscus Drive
- Market: Miami Beach
The buyer's representative in the deal was Devin Kay from Douglas Elliman, while the seller was represented by Katrina Campins and Trinette Zarran from The Campins Company, as well as Albert Justo and Mirce (Miki) Curkoski from ONE Sotheby's International Realty.
Players
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
0.99%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93