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6923 Valencia Drive

Lewis V. Swezy Purchases Single Family Home From Trustee Jason Giller For $15.2 Million
SOLDSingle Family Residence

Lewis V. Swezy Purchases Single Family Home From Trustee Jason Giller For $15.2 Million

6923 Valencia Drive

$15,200,000

$2,517/SF

Building Size

6,039 SF

Asset Type

Single Family Residence

Closing

Feb 10, 2025

AI

The transaction involves a single-family dwelling located at 6923 Valencia Drive in the Miami Beach market. The property encompasses a total square footage of 6,039 and was sold for $15,200,000, resulting in a price per square foot of $2,516.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $15,200,000
  • Address: 6923 Valencia Drive
  • Market: Miami Beach
  • Square Feet: 6,039
  • Price per Square Foot: $2,516
  • Buyer: Lewis V. Swezy
  • Seller: Jason Giller, Trustee
  • Buyer's Representative: Lewis Swezy - Centennial Management
  • Seller's Representative: Cyril Matz - Douglas Elliman

Lewis V. Swezy acted as the buyer in this transaction, while Jason Giller served as the trustee representing the seller. The buyer was represented by Lewis Swezy from Centennial Management, and the seller was represented by Cyril Matz from Douglas Elliman.

Players

Cyril Matz

Douglas Elliman

Broker

$240.9M

vol

19 deals

Broker

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

1.04%

Cash-on-Cash

-0.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93