facebook
Traded Co logo
Submit

Berenika And Steve Walbroehl Acquire Miami Beach Single Family Home For $8.6M

Property Image
SOLD
$8,600,000
Bryan Sereny
Bill Hernandez
RT

Florida

See Similar Deals
Single Family Residence5,600 SF
Sold 10/31/2022
the dealplayerscompscontact
Property Image
SOLD

Berenika And Steve Walbroehl Acquire Miami Beach Single Family Home For $8.6M

795 Lakeview Drive, Miami Beach, Florida 33140, United States

See Similar Deals
Single Family Residence5,600 SF
Sold 10/31/2022
Bryan Sereny
Bill Hernandez
RT
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,535
Total Square Footage:5,600 SF
Transaction Type:Sale

The single-family property located at 795 Lakeview Drive in Miami Beach has been sold for a price of $8,600,000. The property spans 5,600 square feet and sits on a 0.4-acre lot. With a price per square foot of $1,536, this sale represents a significant transaction in the Miami Beach market.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $8,600,000
  • Address: 795 Lakeview Drive, Miami Beach
  • Market: Miami Beach
  • Asset Type: Single Family
  • Acres: 0.4

The buyers of this property are Berenika Walbroehl and Steve Walbroehl, represented by Brenda Bassett of Magic City Realtors. The sellers, Kirsten Tester and Richard Tester, were assisted by Bill Hernandez and Bryan Sereny of Douglas Elliman. This deal was successfully facilitated by the respective brokerage teams.

Players

Bryan Sereny
Douglas Elliman
Bryan Sereny
20 deals$247.7M volume
BROKER
Bill Hernandez
Douglas Elliman
Bill Hernandez
19 deals$241.8M volume
BROKER
Magic City Realtors
Magic City Realtors
BROKERAGE
R
Redzone
SELLER
RT
Richard Tester
2 deals$21.6M volume
SELLER

Details

SOLD
IMAGE: Bill Hernandez, Steve Walbroehl, Richard Tester & Bryan Sereny DATE: 10/31/2022 ADDRESS: 795 Lakeview Drive MARKET: Miami Beach ASSET TYPE: Single Family ~ ACRES: 0.4 BUYER: Berenika Walbroehl; Steve Walbroehl (@Steven_Walbroehl) - Halborn SELLER: Kirsten Tester; Richard Tester - Redzone (@RedzoneRealEstate) BUYER'S REP: Brenda Bassett - Magic City Realtors (@MagicCityRealtors) SELLER'S REP: Bill Hernandez (@Bill.Hernandez) & Bryan Sereny (@BillandBryanTeam) - Douglas Elliman (@DouglasElliman) SALE PRICE: $8,600,000 SF: 5,600 ~ PPSF: $1,536

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$458,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$30,553.98
Cash-on-Cash Return-1.27%
Monthly Debt Service$40,768.39
Annual Debt Service$489,220.65