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
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.
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