facebook
Traded Co logo
Submit

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

Property Image
SOLD
$10,500,000
Larry Shinbaum

Florida

See Similar Deals
Single Family Residence6,200 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

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

3605 Flamingo Dr, Miami Beach, FL 33140

See Similar Deals
Single Family Residence6,200 SF
Sold
Larry Shinbaum
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1693
Total Square Footage:6200 SF
Transaction Type:Sale

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
10 deals$57.5M volume
BROKER

Sharon Beck
The Agency
10 deals$80.4M volume(917) 734-1659
BROKER

Details

SOLD
IMAGE: Larry Shinbaum & Sharon Beck DATE: 08/22/2023 ADDRESS: 3605 Flamingo Drive MARKET: Miami Beach ASSET TYPE: SFR BUYER: Lindsey Vonn SELLER: Jonathan Campau BROKER: Sharon Beck (@Sharonsellsmiami) & Larry Shinbaum - Luxuri International Real Estate Miami SALE PRICE: $10,500,000 SF: 6,200 ~ PPSF: $1,693 NOTE: Sharon Beck specializes in brokering off-market luxury properties in Miami Beach. This is her 2nd time selling 3605 Flamingo Drive in under one year. This sale comes on the heels of the most expensive sale on the block of @OrenAlexanders home which sold for a record $27.5 M in June. Flamingo has transformed into one of the most desirable blocks in Miami Beach. Luxuri International realty have helped set the standard for luxury waterfront sales in the area.

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)

$559,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$37,304.29
Cash-on-Cash Return-1.27%
Monthly Debt Service$49,775.36
Annual Debt Service$597,304.28