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3605 Flamingo Dr, Miami Bea...

Jonathan Campau Acquires SFR In Miami Beach For $10.2M
SOLDSingle Family Residence

Jonathan Campau Acquires SFR In Miami Beach For $10.2M

3605 Flamingo Dr, Miami Beach, FL 33140

Building Size

6,200 SF

Asset Type

Single Family Residence

Closing

Aug 15, 2022

AI

Located at 3605 Flamingo Drive in Miami Beach, this single-family home was recently sold in a closed transaction. The property features a total area of 6,200 square feet and was sold for a price of $10,200,000, resulting in a price per square foot of $1,645. The seller of the property was Robin Jacobs, while the buyer was Jonathan Campau. The transaction was facilitated by Sharon Beck, a representative from Luxuri International Realty.

Summary of Transaction Details:

  • Property Type: Single-Family Home
  • Transaction Amount: $10,200,000
  • Address: 3605 Flamingo Drive, Miami Beach
  • Market: Miami Beach

This off-market sale was unique as the property had been owner-occupied for over 23 years. The transaction was represented by Sharon Beck, who specializes in brokering off-market luxury properties in Miami Beach. For more information, you can visit Sharon's website at sharonsellsmiami.com.

Players

Jonathan Campau

Buyer

$20.7M

vol

3 deals

Buyer

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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93