Updated Dec 20, 2023
Marilyn Cromer & Dora Puig Acquires Miami Beach Single Family For $11.6M
77 North Hibiscus Drive, Miami Beach, FL, USA
$11,625,000
$2,516/SF
Building Size
4,619 SF
Asset Type
Single Family Residence
Closing
Apr 4, 2021
About this deal
AI
The single-family property located at 77 N Hibiscus Drive in Miami Beach has recently been sold for a total price of $11,625,000. The transaction took place on April 5, 2021. The property spans a total of 4,619 square feet, resulting in a price per square foot of $2,517. Situated on a lot measuring 10,500 square feet, this property offers ample space for its future owners.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $11,625,000
- Address: 77 N Hibiscus Drive, Miami Beach
- Market: Miami Beach
- Broker: Marilyn Cromer & Dora Puig represented by Dora Puig from Luxe Living Realty
- Square Footage: 4,619
- Price per Square Foot: $2,517
- Lot Size: 10,500 square feet
Responsible for facilitating this real estate transaction were brokers Marilyn Cromer and Dora Puig, with Dora Puig representing Luxe Living Realty.
On the Map
$11,625,000
$2,516/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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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.36%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93