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7717 Atlantic Way

Casa Florida Group Acquires SFR In Miami Beach For $20M
SOLDSingle Family Residence

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

Michelle Silva Lindquist

Broker

$42.8M

vol

4 deals

Broker

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