facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Single Family Residence

/

Sale

/

3605 Flamingo Dr, Miami Bea...

Lindsey Vonn Acquires SFR In Miami Beach For $10.5M From Seller Jonathan Campau
SOLDSingle Family Residence

Lindsey Vonn Acquires SFR In Miami Beach For $10.5M From Seller Jonathan Campau

3605 Flamingo Dr, Miami Beach, FL 33140

$10,500,000

$1,693/SF

Building Size

6,200 SF

Asset Type

Single Family Residence

Closing

Aug 22, 2023

AI

The property involved in this transaction is a Single Family Residence (SFR) located at 3605 Flamingo Drive in Miami Beach. It was sold for a price of $10,500,000. The property has a square footage of 6,200, resulting in a price per square foot (PPSF) of $1,693.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $10,500,000
  • Square Footage: 6,200
  • Price Per Square Foot: $1,693
  • Address: 3605 Flamingo Drive, Miami Beach
  • Market: Miami Beach

Lindsey Vonn was the buyer in this transaction, while Jonathan Campau was the seller. The broker representatives involved in the deal were Sharon Beck and Larry Shinbaum from Luxuri International Real Estate Miami. It is worth noting that Sharon Beck specializes in brokering off-market luxury properties in Miami Beach, and this is her second time selling 3605 Flamingo Drive in under one year.

Furthermore, the sale of this property comes after the most expensive sale on the block, where @OrenAlexanders home was sold for a record $27.5 million in June. The Flamingo Drive block has become one of the most desirable locations in Miami Beach, and Luxuri International Realty has been instrumental in setting the standard for luxury waterfront sales in the area.

Players

Larry Shinbaum

Luxuri International Realty

Broker

$57.5M

vol

10 deals

Broker

Jonathan Campau

Seller

$20.7M

vol

3 deals

Seller

Miami Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.51%

Cash-on-Cash

-0.43%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93