Updated Sep 5, 2024
Julian Johnston Sells Miami Beach SFR For $14.25M
91 N Hibiscus Dr Miami Beach, FL 33139, USA
$14,250,000
$3,516/SF
Building Size
4,052 SF
Asset Type
Single Family Residence
Closing
Jul 5, 2023
About this deal
AI
Located at 91 North Hibiscus Drive in Miami Beach, this recently sold single-family home offers 4,052 square feet of living space. The property, represented by Julian Johnston of The Corcoran Group, was sold for a price of $14,250,000, resulting in a price per square foot of $3,517.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $14,250,000
- SF: 4,052
- PPSF: $3,517
The key individual involved in this transaction was Julian Johnston, who represented the seller as part of The Corcoran Group. The deal reflects the strong demand for high-end properties in Miami Beach's real estate market, showcasing the expertise and professionalism exhibited by Julian Johnston.
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $3.5K per square foot on a published $14.3M for 4,052 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.11%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93