Updated Dec 20, 2023
Luxury SFR On Star Island Dr In Miami Beach Sold For $39M With Buyer's Rep Jill Hertzberg & Seller's Rep Dora Puig
46 West Star Island Drive, Miami Beach, FL, USA
$39,000,000
$2,124/SF
Building Size
18,356 SF
Asset Type
Single Family Residence
Closing
Mar 14, 2021
About this deal
AI
Located in Miami Beach, the SFR at 46 Star Island Dr recently changed hands in a closed sale transaction. The property spans 18,356 square feet and was sold for a price of $39,000,000, resulting in a price per square foot of $2,125. The sale took place on March 15, 2021.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $39,000,000
- Address: 46 Star Island Dr, Miami Beach
- Market: Miami Beach
The seller of the property was Marc Iacovelli. Representing the buyer was Jill Hertzberg from The Jills Zeder Group at Coldwell Banker. On the seller's side, the deal was handled by Dora Puig and Alexa Iacovelli from Luxe Living Realty.
On the Map
$39,000,000
$2,124/SF
Single Family Residence
View full map
Players
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
Visit Alexa Iacovelli to view all their deals.
Browse Florida single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.41%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93