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James Curnin Sells Miami Be...

James Curnin Sells Miami Beach Single Family Home For $60 Million With Jordan Karp As The Broker
SOLDSingle Family Residence

James Curnin Sells Miami Beach Single Family Home For $60 Million With Jordan Karp As The Broker

$60,000,000

$6,224/SF

Building Size

9,640 SF

Asset Type

Single Family Residence

Closing

Mar 3, 2025

AI

A single-family asset located in Miami Beach has been sold in a notable transaction. This property spans 9,640 square feet and has a sale price of $60,000,000, resulting in a price per square foot of $6,224.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $60,000,000
  • Sales Date: 03/03/2025
  • Broker: Jordan Karp - Jordan Karp LLC
  • Seller: James Curnin

Jordan Karp represented both the buyer and seller in this off-market transaction, facilitating the agreement between the involved parties.

Players

Jordan Karp

Broker

$731.7M

vol

52 deals

Broker
James Curnin

James Curnin

Seller

$207.5M

vol

9 deals

Seller

Market 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

0.26%

Cash-on-Cash

-0.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93