Reality TV Star Sam Logan Acquires Miami Beach Home For $13M In All-Cash Deal
$13,000,000
$2,321/SF
Building Size
5,600 SF
Asset Type
Single Family Residence
Closing
Sep 6, 2023
AI
A modern 5,600-square-foot property in Miami Beach has been sold in an all-cash deal for $13 million. The property boasts six bedrooms, 6½ bathrooms, and 75 feet of waterfront on Biscayne Bay.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $13,000,000
- Market: Miami Beach
- Acres: 0.26
The buyer, Sam Logan, a reality TV personality famous for "Siesta Key," made the purchase with the assistance of his representative, Jordan Karp from Jordan Karp LLC. On the seller's side, Pier Visconti and Claudia Llanes from Douglas Elliman, along with Melisa Azran Attias from Beachfront Realty, facilitated the transaction.
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
1.22%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93