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55 East San Marino Drive

Joel Lusky And Zalmy Shapiro Represent Sale Of Miami Beach Single Family Home For $46M
SOLDSingle Family Residence

Joel Lusky And Zalmy Shapiro Represent Sale Of Miami Beach Single Family Home For $46M

55 East San Marino Drive

$46,000,000

$4,742/SF

Building Size

9,700 SF

Asset Type

Single Family Residence

Closing

Jun 23, 2025

AI

The property located at 55 East San Marino Drive is a single-family asset situated in the Miami Beach market. The sale price for this property was $46,000,000, offering a total square footage of 9,700, which translates to a price per square foot of $4,742.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $46,000,000
  • Address: 55 East San Marino Drive
  • Market: Miami Beach
  • Square Footage: 9,700
  • Price per Square Foot: $4,742

The deal involved several key brokers: Joel Lusky and Zalmy Shapiro from The Brokerage South Florida Real Estate, Jonathan Brody from Base Realty Group, and Dina Goldentayer from Douglas Elliman. Each played a significant role in facilitating this transaction, representing their respective parties in the deal.

Players

Dina Goldentayer

Douglas Elliman

Broker

$1.8B

vol

97 deals

Broker
Douglas Elliman
Douglas EllimanBrokerage

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

0.34%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93