Casa Florida Group Acquires SFR In Miami Beach For $20M
7717 Atlantic Way
$20,000,000
$2,287/SF
Building Size
8,742 SF
Asset Type
Single Family Residence
Closing
Feb 16, 2023
AI
A single-family residence (SFR) located at 7717 Atlantic Way in Miami Beach has been sold for a price of $20,000,000. The property spans an area of 8,742 square feet, resulting in a price per square foot of $2,288. It was a closed transaction that took place on February 16, 2023.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $20,000,000
- Address: 7717 Atlantic Way
- Market: Miami Beach
The sale was facilitated by Leandro Antonaccio Jr. and Michelle Silva Lindquist from Casa Florida Group, who served as the brokers in the deal. Their expertise and assistance contributed to the successful completion of the transaction.
Players
Market 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
0.79%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93