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
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