Marcelo Claure Acquires Miami Beach SFR From Isaac Olemberg For $11.1M
$11,100,000
$2,169/SF
Building Size
5,116 SF
Asset Type
Single Family Residence
Closing
Aug 10, 2020
AI
An SFR property in Miami Beach has been sold for $11,100,000. The property spans across 5,116 square feet and has a price per square foot of $2,169. The transaction took place on August 10, 2020.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $11,100,000
- Market: Miami Beach
- Square Footage: 5,116
- Price per Square Foot: $2,169
The seller of the property is Isaac Olemberg, representing Olem Shoe Corp. The buyer is Marcelo Claure, who is associated with SoftBank Group. The transaction was facilitated by Nelson Gonzalez from Berkshire Hathaway HomeServices EWM Realty.
Players
Market Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.43%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93