Updated Jun 27, 2025
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
About this deal
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
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