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One Sotheby's International Realty Acquires Miami Beach SFR For $20.25M

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SOLD
$20,250,000

Florida

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Single Family Residence7,112 SF
Sold 03/11/2021
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Property Image
SOLD

One Sotheby's International Realty Acquires Miami Beach SFR For $20.25M

835 East Dilido Drive, Miami Beach, FL, USA

See Similar Deals
Single Family Residence7,112 SF
Sold 03/11/2021
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$2,847
Total Square Footage:7,112 SF
Transaction Type:Sale

A single-family residence located at 835 E Dilido Drive in Miami Beach has been sold for a price of $20,250,000. The property spans across 7,112 square feet, resulting in a price per square foot of $2,847.

Summary of Transaction Details:

  • Property Type: SFR
  • Transaction Amount: $20,250,000
  • Address: 835 E Dilido Drive, Miami Beach
  • Market: Miami Beach

Representing the buyer in this transaction was Jeffrey Miller from One Sotheby's International Realty, while Tal & Oren Alexander from Douglas Elliman served as the seller's representatives.

Please note that no additional information is available about this property transaction.

Players

Oren Alexander
106 deals$2B volume(305) 610-4559
BROKER

Tal Alexander
Official
83 deals$1.8B volume(212) 951-0071
BROKER

Jeffrey Miller
Sotheby's International Realty
8 deals$99.7M volume
BROKER

Douglas Elliman
BROKERAGE

Details

SOLD
IMAGE: Jeffrey Miller, Oren & Tal Alexander DATE: 03/11/2021 ADDRESS: 835 E Dilido Drive MARKET: Miami Beach ASSET TYPE: SFR BUYER'S REP: Jeffrey Miller - One Sotheby's International Realty SELLER'S REP: Tal & Oren Alexander - Douglas Elliman PRICE: $20,250,000 SF: 7,112 ~ PPSF: $2,847

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,080,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$71,943.97
Cash-on-Cash Return-1.27%
Monthly Debt Service$95,995.33
Annual Debt Service$1,151,943.97