Assouline Team Represents Buyer Ruthie And Ethan Assouline In $35.6M Sale Of 7725 Atlantic Way
7725 Atlantic Way
$35,600,000
$4,653/SF
Building Size
7,650 SF
Asset Type
Single Family Residence
Closing
Feb 12, 2025
AI
The property involved in this transaction is a single-family asset located at 7725 Atlantic Way, Miami Beach. The sale price for this off-market transaction is $35,600,000, representing a significant value in the local real estate market.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $35,600,000
- Address: 7725 Atlantic Way
- Market: Miami Beach
- Buyer's Representative: Ruthie Assouline & Ethan Assouline - Douglas Elliman
- Seller's Representative: Jill Hertzberg - Coldwell Banker
The Assouline Team continues to demonstrate a strong presence in the Altos Del Mar neighborhood, achieving record-breaking sales. They have previously set a milestone with a sale at 7709 Atlantic Way and have now surpassed it, which showcases their effectiveness in navigating exclusive off-market opportunities.
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
0.45%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93