Olivia Harper Homes Acquires Single Family Home At 1716 S Bayshore Dr For $7M
1716 South Shore Drive
$7,000,000
Building Size
—
Asset Type
Single Family Residence
Closing
Aug 12, 2025
AI
The property involved in this transaction is a single-family home located at 1716 S Bayshore Dr in the Coconut Grove market. The sale price for this asset was $7,000,000.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $7,000,000
- Buyer: Olivia Harper Homes
- Buyer's Representative: Joshua Winarick - The Corcoran Group
- Seller's Representatives: Dan Hechtkopf & Marci DeClaris - Compass
- Transaction Date: 08/13/2025
This transaction was facilitated with the joint efforts of representatives from different agencies. Joshua Winarick represented the buyer, Olivia Harper Homes, while the seller was represented by Dan Hechtkopf and Marci DeClaris from Compass, highlighting a collaborative approach in the real estate market.
Players
Miami Beach 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