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430 East San Marino Drive, ...

Updated Sep 9, 2024

Oren & Tal Alexander Sell Miami Beach Single Family Home For $23.75M
SOLDSingle Family Residence

Oren & Tal Alexander Sell Miami Beach Single Family Home For $23.75M

430 East San Marino Drive, Miami Beach, FL 33139

$23,750,000

$3,683/SF

Building Size

6,448 SF

Asset Type

Single Family Residence

Closing

Apr 29, 2021

About this deal

AI

The single-family property located at 430 W San Marino Dr in Miami Beach has been sold for $23,750,000. The property spans 6,448 square feet, resulting in a price per square foot of $3,683. The sale took place on April 30, 2021.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $23,750,000
  • Address: 430 W San Marino Dr
  • Market: Miami Beach
  • Seller Representative: @TalAlexander & @OrenAlexander lexanderTeam @DouglasElliman
  • Buyer Representative: Gregory Feit - United Realty Group

The seller was represented by Tal Alexander, Oren Alexander, and the Alexander Team at Douglas Elliman. The buyer was represented by Gregory Feit from United Realty Group.

Players

Oren Alexander

Official

Broker

$2B

vol

106 deals

Broker
Douglas Elliman
Douglas EllimanBrokerage

Miami Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $3.7K per square foot on a published $23.8M for 6,448 square feet (2021).

Visit Tal Alexander to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.67%

Cash-on-Cash

-0.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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