Updated Sep 9, 2024
Douglas Elliman Sells SFR In Miami For $10M With Seller's Rep Sylvia Chamorro
4425 Island Road
$10,000,000
$10,000,000/SF
Building Size
1 SF
Asset Type
Single Family Residence
Closing
Mar 30, 2023
About this deal
AI
The single-family residence located at 4425 Island Road in Miami has been sold. The transaction took place on March 30, 2023, with a sale price of $10,000,000. The property, situated in the Miami market, was sold by Lang Baugarten and Bob Wetenhall.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $10,000,000
- Address: 4425 Island Road
- Market: Miami
The sale of this prestigious property was facilitated by brokers David Pulley and Seán Murray from Douglas Elliman. Representing the sellers from Douglas Elliman was Sylvia Chamorro.
On the Map
$10,000,000
$10,000,000/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 $10M per square foot on a published $10M for 1 square feet (2023).
Visit Sylvia Chamorro to view all their deals.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.59%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93