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Luxury SFR On 508 W Dilido Drive Miami Beach Acquired For $15.25M

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SOLD
$15,250,000

Florida

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Single Family Residence5,501 SF
Sold 02/03/2021
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Property Image
SOLD

Luxury SFR On 508 W Dilido Drive Miami Beach Acquired For $15.25M

508 West Dilido Drive, Miami Beach, FL, USA

See Similar Deals
Single Family Residence5,501 SF
Sold 02/03/2021
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$2,772
Total Square Footage:5,501 SF
Transaction Type:Sale

The property in question is a single-family home located at 508 W Dilido Drive in Miami Beach. The transaction took place on February 3, 2021, with a sale price of $15,250,000. The property spans 5,501 square feet, resulting in a price per square foot of $2,772. It is represented by Betsy Magde from Compass as the buyer's representative and Dora Puig from Luxe Living Realty as the seller's representative.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $15,250,000
  • Address: 508 W Dilido Drive, Miami Beach
  • Market: Miami Beach
  • Buyer's Rep: Betsy Magde - Compass
  • Seller's Rep: Dora Puig - Luxe Living Realty
  • Property Size: 5,501 square feet
  • Price per Square Foot: $2,772

The deal was facilitated by Betsy Magde from Compass, representing the buyer, and Dora Puig from Luxe Living Realty, representing the seller. These individuals played pivotal roles in ensuring the successful completion of the transaction.

Players

Dora Puig
86 deals$1.4B volume(305) 613-2118
BROKER

Betsy Magde
Compass
2 deals$26.6M volume
BROKER

Details

SOLD
IMAGE: Betsy Magde & Dora Puig DATE: 02/03/2021 ADDRESS: 508 W Dilido Drive MARKET: Miami Beach ASSET TYPE: SFR BUYER'S REP: Betsy Magde - Compass SELLER'S REP: Dora Puig (@DoraPuig) - Luxe Living Realty SALE PRICE: $15,250,000 SF: 5,501 ~ PPSF: $2,772

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$54,180.04
Cash-on-Cash Return-1.27%
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