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45 East Dilido Drive, Miami...

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

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

Julian Johnston

The Corcoran Group

Broker

$777.3M

vol

55 deals

Broker
RS
Redzone Production SystemsBuyer

Mark Sutcliffe

Redzone

Buyer

$66.9M

vol

4 deals

Buyer

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