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
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
1.76%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93