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3605 Flamingo Drive, Miami ...

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

Jonathan Campau Acquires SFR On Flamingo Drive In Miami Beach For $10.2M

3605 Flamingo Drive, Miami Beach, Florida 33140, United States

$10,200,000

$1,645/SF

Building Size

6,200 SF

Asset Type

Single Family Residence

Closing

Aug 14, 2022

AI

The property involved in this closed transaction is a single-family home (SFR) located at 3605 Flamingo Drive in Miami Beach. The house spans approximately 6,200 square feet and was sold off-market for a sale price of $10,200,000, resulting in a price per square foot of $1,645. The transaction took place on 08/15/2022.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $10,200,000
  • Address: 3605 Flamingo Drive, Miami Beach
  • Market: Miami Beach

The buyer of the property is Jonathan Campau, while the seller is Robin Jacobs. The transaction was facilitated by Sharon Beck of Luxuri International Realty, who acted as the broker representing both the buyer and the seller. Sharon Beck specializes in brokering off-market luxury properties in Miami Beach.

This off-market sale is notable as the owner had occupied the house for over 23 years. More information about Sharon Beck and her expertise in brokering off-market luxury properties in Miami Beach can be found on her 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

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.56%

Cash-on-Cash

-0.44%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93