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46 West Star Island Drive, ...

Updated Dec 18, 2023

Jill Hertzberg & Dora Puig Facilitate $39M Sale Of Star Island SFR In Miami Beach
SOLDSingle Family Residence

Jill Hertzberg & Dora Puig Facilitate $39M Sale Of Star Island SFR In Miami Beach

46 West Star Island Drive, Miami Beach, FL 33139, USA

$39,000,000

$2,124/SF

Building Size

18,356 SF

Asset Type

Single Family Residence

Closing

Mar 16, 2021

About this deal

AI

A luxurious single-family home in Star Island, Miami Beach has recently been sold for a staggering price of $39,000,000. This impressive property is located at 46 Star Island Drive and spans across 18,356 square feet. The sale price translates to a price per square foot of $2,125. This transaction took place on March 17, 2021, making it a significant event in the real estate market of Star Island, Miami Beach.

Summary of transaction details

  • Property Type: Single-Family Home
  • Transaction Amount: $39,000,000
  • Address: 46 Star Island Drive
  • Market: Star Island, Miami Beach
  • Square Footage: 18,356
  • Price per Square Foot: $2,125

Jill Hertzberg, a representative from Coldwell Banker Realty, assisted the buyer in this significant property acquisition. On the other hand, Dora Puig from Luxe Living Realty acted as the seller's representative. These experienced professionals played key roles in facilitating this high-value transaction, ensuring a successful deal for both the buyer and seller.

Players

Dora Puig

Luxe Living Realty

Broker

$1.5B

vol

90 deals

Broker

Miami Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $2.1K per square foot on a published $39M for 18,356 square feet (2021).

Visit Jill Hertzberg to view all their deals.

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

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