Luxury SFR On 508 W Dilido Drive Miami Beach Acquired For $15.25M
508 West Dilido Drive, Miami Beach, FL, USA
$15,250,000
$2,772/SF
Building Size
5,501 SF
Asset Type
Single Family Residence
Closing
Feb 2, 2021
AI
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
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
1.04%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93