Updated Oct 29, 2024
Alessandra Lo Savio - Alacran Group Acquires SFR In Miami Beach For $15.5M
815 East Dilido Drive, Miami Beach, FL, USA
$15,500,000
$1,894/SF
Building Size
8,181 SF
Asset Type
Single Family Residence
Closing
Jan 31, 2021
About this deal
AI
The recently closed property transaction in Miami Beach involved the sale of a single-family residence located at 815 East Dilido Drive. The property, spanning approximately 8,181 square feet, was sold for a price of $15,500,000, resulting in a price per square foot of $1,895. The transaction took place on February 1, 2021, and was captured in an image shared by Alessandra Lo Savio on Instagram.
Summary of transaction details
- Property Type: Single-Family Residence
- Transaction Amount: $15,500,000
- Address: 815 East Dilido Drive, Miami Beach
- Market: Miami Beach
- Asset Type: SFR
The buyer in this transaction was Alessandra Lo Savio, representing Alacran Group. On the other side, Ron Schmeichel represented JJR Capital as the seller. Both parties negotiated and closed the deal successfully. The transaction highlights the involvement of these key individuals and their respective agencies in the successful sale of the property.
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
1.02%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93