Updated Mar 19, 2026
Julien Sormonte Purchases Single Family Home From Alejandro Esteve For $4.2M In Miami
4039 Ventura Avenue
$4,200,000
$896/SF
Building Size
4,687 SF
Asset Type
Single Family Residence
Closing
Mar 15, 2026
About this deal
AI
The property involved in this transaction is a single-family home located at 4039 Ventura Avenue in the Miami market. It has a total square footage of 4,687 and transacted for a price of $4,200,000, resulting in a price per square foot of $896.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $4,200,000
- Address: 4039 Ventura Avenue
- Market: Miami
- Square Footage: 4,687
- Price per Square Foot: $896
- Buyer: Julien Sormonte
- Seller: Alejandro Esteve
- Buyer's Representative: Renier Casanova - Compass
- Seller's Representative: Brett Eaglstein - The Chad Carroll Group - Compass
Renier Casanova represented the buyer, Julien Sormonte, in this transaction, while Brett Eaglstein represented the seller, Alejandro Esteve. Both representatives are associated with Compass, highlighting their involvement in facilitating this sale.
On the Map
$4,200,000
$896/SF
Single Family Residence
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Players
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $896 per square foot on a published $4.2M for 4,687 square feet (2026).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93