Siobhan O’Farrell And Mark Sutcliffe Acquire SFR On East Dilido Drive, Miami Beach For $15.8M
45 East Dilido Drive, Miami Beach, FL, USA
$15,775,000
$2,918/SF
Building Size
5,405 SF
Asset Type
Single Family Residence
Closing
Dec 10, 2020
AI
A single-family residential property located at 45 East Dilido Drive in Miami Beach has been sold for a price of $15,775,000. The property spans across an area of 5,405 square feet, resulting in a price per square foot of $2,923. The transaction took place on December 11, 2020.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $15,775,000
- Address: 45 East Dilido Drive
- Market: Miami Beach
The buyer of the property is Siobhan O'Farrell, along with Mark Sutcliffe, representing Redzone Production Systems. The seller is Michael Horvitz. Julian Johnston, from The Corcoran Group, acted as the buyer's representative, while Darin Tansey, from Douglas Elliman, served as the seller's representative in the deal.
Players
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.01%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93