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4042 Island Estates Drive, ...

Updated Oct 28, 2024

Daniel Shamoon Acquires 7,800 SF Single-Family Home In Aventura For $11.9M
SOLDSingle Family Residence

Daniel Shamoon Acquires 7,800 SF Single-Family Home In Aventura For $11.9M

4042 Island Estates Drive, Aventura, Florida 33160, United States

$11,900,000

$1,525/SF

Building Size

7,800 SF

Asset Type

Single Family Residence

Closing

May 16, 2022

About this deal

AI

A single-family property located at 4042 Island Estates Drive in Aventura has been sold for $11,900,000. Spanning over 0.4 acres, this property offers a generous living space of 7,800 square feet.

Summary of transaction details

  • Property Type: Single-Family
  • Transaction Amount: $11,900,000
  • Address: 4042 Island Estates Drive
  • Market: Aventura
  • Acres: 0.4

The buyer of this property is Daniel Shamoon, while the seller is Eric Feder from Lennar. The deal was facilitated by Chad Carroll from Compass.

The single family residence sale at 4042 Island Estates Drive, Aventura, Florida 33160, United States in Aventura, Florida sold for $11.9M in 2022. The building is 7,800 square feet, implying about 1.5K per square foot on the published price. Chad Carroll, Compass appear on the sale alongside Compass. This page is the Aventura, Florida file for the 4042 Island Estates Drive, Aventura, Florida 33160, United States single family residence sold: pricing, party profiles, and other closed single family residence comps from the same Aventura sit in the Market section below. Filter that Aventura single family residence set by closing date to see what else sold near 4042 Island Estates Drive, Aventura, Florida 33160, United States around 2022. Published consideration for 4042 Island Estates Drive, Aventura, Florida 33160, United States is $11.9M, dated 2022. Cite this Daniel Shamoon Acquires 7,800 SF Single-Family Home In Aventura For $11.9M sale when underwriting similar single family residence product around Aventura, Florida.

Players

Chad Carroll

Compass

Broker

$1.8B

vol

90 deals

Broker
Lennar
LennarSeller
Lennar
LennarLender

Aventura Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Deal FAQ

Daniel Shamoon bought a home in Aventura for $11.9M in 2022. The full closing is on this page.

About $1.5K per square foot on a published $11.9M for 7,800 square feet (2022).

Visit Chad Carroll to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.33%

Cash-on-Cash

-0.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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