Updated Feb 17, 2025
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
About this deal
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.
On the Map
$15,200,000
$2,517/SF
Single Family Residence
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Players
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $2.5K per square foot on a published $15.2M for 6,039 square feet (2025).
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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