facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Single Family Residence

/

Sale

/

46 West Star Island Drive, ...

Luxury SFR On Star Island Dr In Miami Beach Sold For $39M With Buyer's Rep Jill Hertzberg & Seller's Rep Dora Puig
SOLDSingle Family Residence

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

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.

Players

Dora Puig

Luxe Living Realty

Broker

$1.4B

vol

86 deals

Broker
Luxury Living Realty
Luxury Living RealtyBrokerage

Miami Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

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