James Curnin's Clara Homes Sells Miami Beach SFR For $13M With Oliver Lloyd's Douglas Elliman Representation
SOLD
$13,000,000
Florida
See Similar DealsSingle Family Residence7,100 SF
Sold 02/03/2021
SOLD
James Curnin's Clara Homes Sells Miami Beach SFR For $13M With Oliver Lloyd's Douglas Elliman Representation
6445 Allison Road, Miami Beach, FL, USA
See Similar DealsSingle Family Residence7,100 SF
Sold 02/03/2021
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,831
Total Square Footage:7,100 SF
Transaction Type:Sale
A single-family home located at 6445 Allison Road in Miami Beach was recently sold for a total of $13,000,000. The property spans over 7,100 square feet, resulting in a price per square foot of $1,831. This transaction took place on February 3, 2021.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $13,000,000
- Address: 6445 Allison Road, Miami Beach
- Market: Miami Beach
The seller of the property was James Curnin, representing Clara Homes. The broker involved in the sale was Oliver Lloyd from Douglas Elliman.
Note: Additional information or details regarding this transaction are not available.
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30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$693,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$46,186.27
Cash-on-Cash Return-1.27%
Monthly Debt Service$61,626.63
Annual Debt Service$739,519.59
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