Aaron Jones Acquires Lil Pump's Miami Beach SFR For $7M
$7,000,000
$1,355/SF
Building Size
5,165 SF
Asset Type
Single Family Residence
Closing
Aug 18, 2023
AI
Aaron Jones, running back for the Green Bay Packers, has purchased rapper Lil Pump's waterfront home in Miami Beach for $7 million. The property is a spacious 5,165-square-foot single-family residence with five bedrooms and seven baths. Situated in a highly desirable location, the property offers stunning waterfront views.
Summary of Transaction Details
- Property Type: Single-Family Residence
- Transaction Amount: $7,000,000
- Market: Miami Beach
- Square Footage: 5,165
- Price per Square Foot: $1,355
In this deal, Aaron Jones was represented by Jennifer Thomson from Coldwell Banker and Vanesa Carpignano from Douglas Elliman. Jennifer and Vanesa, both experienced brokers, played a crucial role in ensuring a successful transaction. Their expertise and market knowledge provided valuable guidance to Aaron Jones throughout the buying process.
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
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93