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515 East Dilido Drive, Miam...

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

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

515 East Dilido Drive, Miami Beach, FL, USA

$9,000,000

$1,862/SF

Building Size

4,833 SF

Asset Type

Single Family Residence

Closing

Dec 20, 2020

AI

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

The Corcoran Group

Broker

$584.2M

vol

32 deals

Broker
Jonathan Cox

Jonathan Cox

The Federated Companies

Buyer

$105.5M

vol

6 deals

Buyer

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

1.76%

Cash-on-Cash

-0.50%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93