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Siobhan O’Farrell And Mark Sutcliffe Acquire SFR On East Dilido Drive, Miami Beach For $15.8M

Property Image
SOLD
$15,775,000
Julian Johnston

Florida

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Single Family Residence5,405 SF
Sold 12/11/2020
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Property Image
SOLD

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

See Similar Deals
Single Family Residence5,405 SF
Sold 12/11/2020
Julian Johnston
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$2,918
Total Square Footage:5,405 SF
Transaction Type:Sale

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

Julian Johnston
55 deals$777.3M volume(305) 502-3985
BROKER

Darin Tansey
Douglas Elliman
8 deals$68.2M volume
BROKER

BUYER

4 deals$66.9M volume
BUYER

Details

SOLD
IMAGE: Michael Horvitz, Julian Johnston, & Darin Tansey DATE: 12/11/2020 ADDRESS: 45 East Dilido Drive MARKET: Miami Beach ASSET TYPE: SFR BUYER: Siobhan O’Farrell, Mark Sutcliffe - Redzone Production Systems SELLER: Michael Horvitz BUYER'S REP: Julian Johnston - The Corcoran Group SELLER'S REP: Darin Tansey - Douglas Elliman PRICE: $15,775,000 SF: 5,405 ~ PPSF: $2,923

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$56,045.26
Cash-on-Cash Return-1.27%
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