Ryan Mendell Of Maxwelle Real Estate Represents Buyer In Miami Beach Sale For $31.5M
84 Lagorce Circle
$31,500,000
$5,872/SF
Building Size
5,364 SF
Asset Type
Single Family Residence
Closing
Mar 18, 2026
AI
The property asset involved in this transaction is a single-family home located at 84 Lagorce Circle in Miami Beach. The sale was completed on March 19, 2026, with a transaction amount of $31,500,000. The property features a total square footage of 5,364 and a price per square foot of $5,872.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $31,500,000
- Address: 84 Lagorce Circle
- Market: Miami Beach
- Square Footage: 5,364
- Price per Square Foot: $5,872
- Buyer's Representative: Ryan Mendell - Maxwelle Real Estate
- Seller's Representative: Jonathan Alfonso - EXP Realty LLC
This transaction involved key individuals Ryan Mendell and Jonathan Alfonso, who represented the buyer and seller, respectively. Mendell operates under Maxwelle Real Estate, while Alfonso is affiliated with EXP Realty LLC, highlighting their roles in facilitating the successful conclusion of this property sale.
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
0.50%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93