facebook
Traded Co logo
Submit

Jonathan Cox Acquires SFR On East Dilido Drive, Miami Beach For $9M

Property Image
SOLD
$9,000,000
Michael (Mick) Duchon
Eloy Carmenate
+ 1

Florida

See Similar Deals
Single Family Residence4,833 SF
Sold 12/21/2020
the dealplayerscompscontact
Property Image
SOLD

Jonathan Cox Acquires SFR On East Dilido Drive, Miami Beach For $9M

515 East Dilido Drive, Miami Beach, FL, USA

See Similar Deals
Single Family Residence4,833 SF
Sold 12/21/2020
Michael (Mick) Duchon
Eloy Carmenate
+ 1
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,862
Total Square Footage:4,833 SF
Transaction Type:Sale

Located at 515 East Dilido Drive in Miami Beach, this single-family residential property was recently sold in a closed transaction on December 21, 2020. The property, boasting a total area of 4,833 square feet, was purchased for a price of $9,000,000, resulting in a price per square foot of $1,862. The sale was facilitated by brokers Pier Paolo Visconti, Eloy Carmenate, and Mick Duchon from Douglas Elliman.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $9,000,000
  • Address: 515 East Dilido Drive, Miami Beach
  • Market: Miami Beach
  • Buyer: Jonathan Cox - The Federated Companies
  • Seller: Blas & Hilda Reyes
  • Brokers: Pier Paolo Visconti, Eloy Carmenate, and Mick Duchon - Douglas Elliman

The buyer of this property is Jonathan Cox, representing The Federated Companies, while the sellers are Blas and Hilda Reyes. In addition to the buyer and seller, the transaction involved the services of brokers Pier Paolo Visconti, Eloy Carmenate, and Mick Duchon, who are affiliated with Douglas Elliman.

Players

Eloy Carmenate
32 deals$584.2M volume(305) 582-7179
BROKER

Michael (Mick) Duchon
The Corcoran Group
36 deals$670.3M volume(732) 754-7535
BROKER

Pier Paolo Visconti
Douglas Elliman
10 deals$195.7M volume
BROKER

Jonathan Cox
6 deals$105.5M volume
BUYER

Details

SOLD
IMAGE: Mick Duchon, Pier Paolo Visconti, Jonathan Cox, Eloy Carmenate, & Hilda Reyes DATE: 12/21/2020 ADDRESS: 515 East Dilido Drive MARKET: Miami Beach ASSET TYPE: SFR BUYER: Jonathan Cox - The Federated Companies SELLER: Blas & Hilda Reyes BROKERS: Pier Paolo Visconti, Eloy Carmenate, & Mick Duchon - Douglas Elliman PRICE: $9,000,000 SF: 4,833 ~ PPSF: $1,862

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$480,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$31,975.10
Cash-on-Cash Return-1.27%
Monthly Debt Service$42,664.59
Annual Debt Service$511,975.10